Big "if" now is whether the US car making bailout will pass through right NOW. Although US is making trillions available, the unwind is continuing and the settlement denomination is mostly US$ so their currency demand is high, it is more technical than fundamental and no-one predicted it.
Regular Joes cannot get loans for motor cars, credit card limits are being cut and the US Car makers now have a liquidity gun at their head, not their own fault, no fraud, no misleading the public. There will be another bottom on Wall Street if it is held up.
us dollar down poo up, page-4
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