i am looking for gap for eur/usr because of Israel and Gaza.
when war/terror occur at other conutries, usually strong currecy is going up which probably USD than EUR.
on 26th eur went up by germany congress may add $35b more for supporting infra/school/new project. this is not comfirmed yet so eur/usd market was back around 1.415.
also, GMAC may be supported $6b from TARP and applying to TLGP.
if GMAC is qualified the TLGP, they can sell bad credit about $17b to FDIC .
so GMAC is looking for one of frederal bank then many company can be survived as GM...
usd/jpy - tough decision now.
there are many short stop position around 91.10 so it could be tough to break there.
but people are expecting for new US government 1/20 returning strong USD.
i believe usd/jpy going down this year but it must watch out by ADIA..
see what happened???
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