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Re: Zeev Hed post# 44785

Wednesday, 11/13/2002 9:40:10 AM

Wednesday, November 13, 2002 9:40:10 AM

Post# of 704044
Short term, the USD appears to have hit a local bottom around 104 and is turning up for a re-trace off the lows, moving towards the 50% level at 106.50 (currently a bit above 105).

The USD normally moves in concert with equities, so we may see some sideways to up movement over the next couple of days in the indices.


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