Sell dollars and trade according to the speculations
19:28 2007/04/05

The traders speculate that the coming unemployment report on Friday willgive a signal that Fed will cut the interest rates. The moment of speculationwas using by the traders and the dollar hit new record high for the last2-years at 1.3440. The speculations will continue with full power and thedollar will break the record high levels since the euro is in trading of1.3660. The speculation for the US Interest rates politic is the top event forthe dollar for 2007. If the Fed leaves the interest rates unchanged the dollarwill fall above 1.37. If the Fed cut the interest rates during 2007 theeuro/dollar trading will move above 1.40. All scenarios are negative for thedollar. Bet on speculations and trade as sell dollars.


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