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Old 22-03-2006, 09:25   #2
kimw
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Re: Give up on Forex

if you are a fundamental trader how can you not understand the importance of interest rate parity in currency movement ? at least in past few quarters interest rate expectation dominates the market volatility in USD based pairs ... deficits are structural problems that will most likely dicate the direction of USD in the long run, not short run

and i dont recall any G8 central banks intervening in the past year ...

if you wanna give up, then give up for the right reason
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