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Anyone know why the USD jumped from 74.2 to 74.46 last 30 minutes?
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<p>[QUOTE="Bluesboy65, post: 1165351, member: 23329"]I will be shocked if he does anything other than leave the door open for QE3. The only other option the Fed has to prop up Treasury auctions is to monitize other debt on their books and begin swapping into Treasuries (back door QE) but that has other implications for domestic markets like real estate. We'll soon see.</p><p><br /></p><p>Bluesboy65[/QUOTE]</p><p><br /></p>
[QUOTE="Bluesboy65, post: 1165351, member: 23329"]I will be shocked if he does anything other than leave the door open for QE3. The only other option the Fed has to prop up Treasury auctions is to monitize other debt on their books and begin swapping into Treasuries (back door QE) but that has other implications for domestic markets like real estate. We'll soon see. Bluesboy65[/QUOTE]
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Anyone know why the USD jumped from 74.2 to 74.46 last 30 minutes?
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