The Dollar's Herculean Strength Continues! --IFCN Wk 36 -Mon- Equity: $835.63. - forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Monday, 11 August 2008

The Dollar's Herculean Strength Continues! --IFCN Wk 36 -Mon- Equity: $835.63.

The forex world is running for cover again this week from the new dollar bulls. Traders who just weeks ago thought the dollar was finished and would never recover are frantically buying the dollar as if it is the last game in town.It isn't. But it might feel that way if you were short any sizable amount.This morning I had the pleasure to exit the ONS trades from last Friday. We picked up a few

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