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Timm

Shorting The Dollar...

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Sorry if this has been posted already.

http://www.ft.com/cm...144feab49a.html

Apparently "Hedge funds and forex dealers are betting record amounts against the dollar"

For those that can't get past the FT paywall:

http://moneymorning....ing-the-dollar/

How predictable: the FT proudly announces the dollar is falling once it reaches the bottom of its range.

I've been surprised by the lack of media spin, it usually gets started just before a bottom is reached. This indicates the dollar may have a little more to fall before all FT readers lose their shirts when the dollar bounces back. The next few days will tell I guess.

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How predictable: the FT proudly announces the dollar is falling once it reaches the bottom of its range.

I've been surprised by the lack of media spin, it usually gets started just before a bottom is reached. This indicates the dollar may have a little more to fall before all FT readers lose their shirts when the dollar bounces back. The next few days will tell I guess.

Indeed.

Can't beat a good old fashioned bear trap.

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How predictable: the FT proudly announces the dollar is falling once it reaches the bottom of its range.

I've been surprised by the lack of media spin, it usually gets started just before a bottom is reached. This indicates the dollar may have a little more to fall before all FT readers lose their shirts when the dollar bounces back. The next few days will tell I guess.

The EURUSD is the one I follow/trade in my forex trading hobby (not especially successfully, but that is another story). The EURUSD certainly looks to have put in at least a short term top as it had come off the bolly band top and the standard indicators look overbought. That and the 140 plus range was the top last year, it doesn't exactly look like a screaming buy to me.

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How predictable: the FT proudly announces the dollar is falling once it reaches the bottom of its range.

I've been surprised by the lack of media spin, it usually gets started just before a bottom is reached. This indicates the dollar may have a little more to fall before all FT readers lose their shirts when the dollar bounces back. The next few days will tell I guess.

$ up vs. the Euro and the Pound today.

This must have been a reverse pump and dump to see if they could get enough dumb arhs traders to fall for it. :)

Euro =1.39092 £ = 1.61588

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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