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Ken A replied Sep 7, 2012That means they drop the bonds short the dollar and going somewhere save against inflation.
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Ken A replied Sep 7, 2012Draghi will speak in 1.5 Hr. What could he possibly say to reverse this rally? Edit: It's already passed. Really confused. It's BOC Gov Carney Speaks in 30 mins.
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Ken A replied Sep 7, 2012Closed this 0.9790 with 3 pips in green. If I was fast maybe can have 10 pips. This one is leveraged so not very comfortable to see the numbers especially in red.
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Ken A replied Sep 7, 2012Now you are going to make Swiss all hyped up with his conspiracy about NSA.
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Ken A replied Sep 7, 2012I guess he has many constraints to say that, provided he actually has a hind leg.
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Ken A replied Sep 7, 2012That's what I thought too but wasn't so sure what is the benefit to maintain a strong USD with this 'coordinated actions'.
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Ken A replied Sep 7, 2012I mean strong USD will benefit US hence the coordinated action to prevent it from falling? I read about coordinated actions couple posts back.
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Ken A replied Sep 7, 2012I am a bit slow witted right now. By what means to maintain/intervene a strong USD and will it benefit US overseas debt?
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Ken A replied Sep 7, 2012I believe some of the USD are fleeing to CAD. The Crude now is dropping like a rock but the CAD is getting stronger. This could be related to Gold price rally. I could be wrong though.
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Ken A replied Sep 7, 2012My U/CAD buy order hit @ 0.9790. I don't know if I should be happy or weary right now because the volume is quite fat.
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Ken A replied Sep 7, 2012I hope everyone is doing fine and has anticipated this move. I did but with a small loss for gold and silver. Wait till the fat lady sings. Now I am sitting on my hands.
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