Saturday, December 20, 2008

20 Dec Trade War looming

http://sg.news.yahoo.com/ap/20081220/tap-us-china-trade-bb10fb8.html

Only weeks after US and China met, US is starting its first complaint to WTO over China uses of Export Subsidies. This does not bode well for the USD. Wait for USD to go lower, let say, 1.3500, load up for the next explosive leg of Euro rise.

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