How can people be pumping the dollar so hard after all it's been through? People are acting like it's reaching all time highs against the majors or something.
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DislikedCause my Friend.. All the games all the subprime issues has been utmost finished in US.. or about to..
Next in Lane is EUROPE.. and many banks are expecting to show Huge LOSSES.. which is impacting.
And as well USD$ index reached the major support too.. So its turning upside...
this whole week is favorable to USDIgnored
DislikedMaybe the dollar is "oversold" against the majors, but it's weakening against a lot of other less noticeable currencies. Where's the bottom of the dollar weakness? Europe does very little trade with US as a part of it's [EUROPES] GDP, a slowdown in USD won't be a real economic setback for them compared to Canada or Mexico. Eurozone is experiencing a slowdown in growth, but nothing catastrophic.
Two, three weeks ago the analyst were screaming, EUR to 1.50 plus, and AUD to the basement. What about Oil to $120 and Gold to $1000??
Is this Dollar strength press a bunch of hype? What will be next weeks hype?Ignored
DislikedSounds to me like a whole lot of wishful thinking on your part and/or being stuck in a losing trade. Why even care why its doing what its doing. Just trade the bloody thing based on what the charts are telling you and stop worrying about the "why?".
The Euro isn't the be all and end all of everything. You think the US has problems? LOL! You ain't seen nothing yet. You folks really need to get off your nationalistic high horses and start dealing with your trading in an objective manner...Ignored
DislikedYou're placing long positions on the Eur/Usd at the top. Where were you in the last 7 years?Ignored
DislikedCurrencies have been available to retail traders since 1999. The first technical signs of growth and stability in the Euro occurred in 2001. My sell stop got activated at 1.4811.Ignored