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Despite not being an FX trader, I try to "pay attention", looking for knock-on effects in equities. The article is both interesting, and informative, but I find myself siding Dollar Pimp on this one. If oil stays in a range of say, $100-$115/bbl (which I think is plausible, barring major supply disruptions), that could very well provide enough moderation in inflation to forestall draconian rate cuts by the cental banks.
Aug 11 20:53 pm
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All Comments by Old Trader »What's Next for the U.S. Dollar? [View article]