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Just a quick note:
The buck is holding up despite a serious rate cut that came eight days early. If that's not going to sink the buck, then I don't know what is going to.
So don't look for the U.S. dollar to repeat the decline of the previous few years.
The U.S Dollar holds its own against a basket of currencies.
As stocks crumble, this will be one of the "safe havens" that money runs to.
Sean Hyman
Editor/Trader
www.money-trader.com
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Offshore/Politics (Bob Bauman)
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