Quote:
Originally Posted by primarylogic
It's a wrong judgement of UJ, it's not short time for now.
I have short E/U and G/U today.
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yup, i think so. This news may will explain more if not good now to sell USD :
Dollar Extends Rally on Falling Commodity Prices
Dollar maintains momentum and rebounds further with support of retreat in commodity prices. Crude oil dropped further to around 142 a barrel level while gold dives to as low as $915. There are also additional support to the greenback on speculations that the G8 group, which starts a 3 day meeting in Japan today, will produce some dollar supportive noises in addition to the expected messages on concerns of increasing risks of energy and food inflation. Dollar's strength is most obvious against commodity currencies as well as the Japanese yen.