Wednesday, December 17, 2008

short the dollar? a bit late but sure if you have to!

The train has left the station a bit but it would be interesting to see what other countries do.
USDJPY has sold off by 2 to 3% over the last few days. The EURUSD has also rallied similar amounts.

I would perhaps go long the momentum for a bit but not too crazily....
Will think about it more and post.

I am more worried about the long term inflation...

1 comment:

Boppanda Ganapathy said...

Short the Dollar even after the Japanese govt has indicated that it will intervene to weaken Yen?