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The whole universe is helping the USD

July 23rd, 2008 Mark Gavalda No comments

For God’s sake… everyone and everything in the universe is helping the otherwise ultra weak USD to get stronger these days. The last news is the Beige Book, not too much of a news really, but still, helping the greenback :) -275points on EUR/USD in 2 days, and who knows where will end up… Just a quick note: we reached the 50% of 13 June low to 15 July high right now. Maybe we’ll see a bounceback now, but who knows these days ;)

eurusd 23 07 08 1820 300x155 The whole universe is helping the USD