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Sunday 6 May 2012

USD - 2012 the year of the USD?

If that works out (see monthly chart below) the USD should be the currency to hold in the near future. Does it mean Greece, Spain, Italy, France, Netherlands, Germany, etc will soon make negative headlines again. It might start tonight :)

That also wouldn't be the best setup for the bulls in the stock markets. Although the negative correlation of USD and stock markets was not that significant lately.

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