I took this graphic from “somewhere” as it’s a great visual representation of what is “really going on” with the U.S Dollar and international trade.
Dollar_No_More
Don’t be a dope. If the arrows and numbers where pointed in the “other direction” then perhaps you could build a case. The numbers speak for themselves. The U.S “strangle hold” on the world’s reserve, and in turn “slice of the pie” generated via currency exchange ( in order to buy commodities ) is over.
You’re still going hard at being full retard eh?
Some day you’ll be right, but it won’t matter owing to years of wrong preceding it.
Hi Kong,
Looks like JPY got the boost from Kurodas comment. Had to cash in the CADJPY position that I had opened as unfortunately there was not much follow through and the JPY pairs seem to have rallied of their lows. Waiting to short the pairs again should they move higher again.
We live in a perverse world. It’s almost as if every market participant who has got used to easy money are praying that the US economy never recovers so that we can have more QE and so that rates can stay lower.
These same people also hope more than anything that Japan also never recovers. Can you imagine if Japan starts to recover and their rates start to rise. Imagine the unwinding of the carry trade and the shock this will have world wide.
A perverse world indeed.
your such a commie, you putz. BTW how is that peso doing for your wife, LOL!
What’s with the personal attacks? If you don’t like what you’re reading, go read another blog on another page.
It goes with the territory Madness. Children have access to the Internet so……what can you do?
Dont believe it for a minute. Once the tiniest bit of sh** hits the fan, they will all come running to the USD.
Hi Kong,
Not like you not to have not made any comments for over a week?
Is everything OK? Hope you are on a well earned break rather than a forced hiatus?
Best regards