Replies to post #100153 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

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.