i think that a discussion of the effects of a higher USD in relation to centro's US assets is warranted
how much of an effect will this actually have, if the rate increases by x amount?
it's a shame that it is so quiet here.
this is just a thought that occured to me, as i was considering the loss in momentum especially as the us markets is charging ahead.
am not qualified to give any in depth analysis but others here have more of a clue.
the AUD/USD went for it on the 8th and has had strong enough support since.
so, who in there right minds would be selling USDs at these "high" levels?
i think the US market has bolted because of what is essentially an increase in money supply (ie, the devaluation of the usd and folks savings - that is the reason for the interest in gold)
anyway, hope that is a kicker for more thought to be expressed here.
or feel free to tell me if i am barking up the wrong tree.
(which is not unusual for me)
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