Wednesday, October 22, 2008



20081022 US Dollar had a big advance against most major currencies today. The longs on USDCHF are garnering profits, while some are still saying, "But the monthly chart shows that this is a healthy retracement in the US dollar bear market." Probably from Lehman Brothers.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart