Except the Yen ....
USD is Up sharply against all major currencies. An unmistak-
able fist sign, that it is becoming the carry trade currency
to finance investment in commodity rich countries. Which, is
quite sensible, given the fact that the US Fed will be turn-
ing on the press, non-stop, to print money.
Move over, Yen .... :)
Regards,
Albert K. Fung
La Brisas/Valle de Guadalupe, Baja California, Mexico.
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