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J.P. Morgan: U.S. Dollar Carry Trade a ‘Half Truth’
By the usual cover story test – a trend reverses once it becomes a cover story in the popular press – the dollar’s decline should have ended this fall. But despite the bearish dollar patter, there is little evidence that views are so extreme or positions so short that they should impede the current bear trend.
Submitted by
ETFMan
11/24/2009
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ETFMan
11/24/2009
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