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Re: Zeev Hed post# 100153

Tuesday, 04/22/2003 6:30:00 PM

Tuesday, April 22, 2003 6:30:00 PM

Post# of 704041
Well, I think it's going to 85 on the cross rate eventually, but that's just what the charts suggest.

I agree on the fundies and the 5% current account deficit cited by the Fed as a threshold for the USD to correct. I was just saying I'm not sure why the USD dumped today and has been treking down since last week in the face of a market rally.


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