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April 29, 2006


The US Dollar Resumes Its Slide

The countertrend move in the US Dollar that began last May is over, and the downtrend has reasserted itelf. Look for the Dollar Index to return to around 80. It’s not a question of ‘if’, but ‘how quickly’ it will get there.

US Dollah Index

This entry was posted on Saturday, April 29th, 2006 at 8:28 am (utc+8) and is filed under Trading and Investing.

2 Responses to “The US Dollar Resumes Its Slide”

  1. MaoXian » Nothing Can Save the US Dollar said:
    July 11th, 2006 at 7:55 pm

    […] It’s telling that the US Dollar Index continues to suck wind even as US short rates have risen dramatically. I still believe it’s not a question of ‘if’, but ‘how quickly’ the December 2004 lows are tested in the US Dollar Index. […]

  2. Maoxian » Slip Sliding Away said:
    November 29th, 2006 at 11:34 am

    […] ETF to Watch — Euro Currency Trust (FXE) The Beginning of the End of the American Republic The Boomers Will Sell Their Assets to Whom and at What Price? A Haven for Biomedical Freedom Buffett Cuts Dollar Short Just As Slide Set to Resume Nothing Can Save the US Dollar Trading with the Trend: US Dollar Index The US Dollar Resumes Its Slide […]

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