Tuesday, July 18, 2006

US Dollar and the New York Times

Here is a daily chart of the US Dollar index. I last commented on this chart here.

As you can see the New York Times continues to be an invaluable aid in predicting the big trends in the US Dollar. I think the dollar index has begun a move that will take it to 96.00 or so. At the same time the yen should rally to 130 and I think the euro-dollar pair will drop below the 116 level.

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