The Bin Laden Corpse Trick Isn’t Working on the Dollar

May 2nd, 2011

Warning: This is not a recommendation to buy, sell or hold any financial instrument.

Update: Breach Intraday

72.825. Those idiots outside the White House better wave the flags harder.

—End Update—

The early move higher has completely crapped out and we’re looking at another make or break level on the USDX this morning. The support is 72.834 and the index is currently at 72.866.

Posted in Economy | Top Of Page

2 Responses to “The Bin Laden Corpse Trick Isn’t Working on the Dollar”

  1. cgroove69 says:
    May 2, 2011 at 4:02 pm

    “the CNY better be ready to take over as reserve currency cause it will get ugly.”
    http://www.zerohedge.com/article/dollar-plummets-may-2nd-edition

  2. shoe2one says:
    May 3, 2011 at 1:17 am

    I like the title

    🙂

    FXCM raised their margin for US clients. I wonder why?

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