July 25, 2007
Checking on the Doomed Dollar
The US Dollar Index recently took out the monthly swing low from 2004 that everyone had his eyes on. Back in September 1992 the Dollar Index went as low as 78.19 (intramonth) … below that level is truly no man’s land. I’ve said it a thousand times and I’ll say it again: Maintain your USD short positions.
Related:
US Dollar Index – Bearish Any Way You Look At It
Slip Sliding Away
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