350Z's 2007 I Fund Thread

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There are some leaders betting it will go even higher today.....the crowd holds its breath in anticipation of the putt......

GA
 
I've got the I-fund even. World markets and Dollar both trending higher which is leaving the I-fund trending sideways.
 
Dollar slumps after U.S. announces trade sanctions





By Wanfeng Zhou
Last Update: 11:28 AM ET Mar 30, 2007





NEW YORK (MarketWatch) -- The dollar abruptly changed course, falling sharply especially against the yen after the U.S. Commerce Department on Friday announced sanctions against China in connection with a dispute over paper subsidies. Secretary Carlos Gutierrez said the U.S. has the right to apply countervailing duties to Chinese paper imports, which he said threaten U.S. products. "We haven't seen the exact percentages yet, but this represents a 20-year break in U.S. trade policy and potentially a watershed in US/Chinese trade relations. The obvious impact is going to be felt in dollar/yen which is already collapsing," said Brian Dolan, director of research at Forex.com. The dollar was last down 0.4% at 117.61 yen, while the euro was up 0.3% at $1.3362
 
I'm getting a buy signal in the C fund. But a rally could come this afternoon. I smell a +FV coming. The F fund is very tempting. The big gamble will be whether Iran plays nice and free a British soldier or not.
 
Dollar slumps after U.S. announces trade sanctions





By Wanfeng Zhou
Last Update: 11:28 AM ET Mar 30, 2007





NEW YORK (MarketWatch) -- The dollar abruptly changed course, falling sharply especially against the yen after the U.S. Commerce Department on Friday announced sanctions against China in connection with a dispute over paper subsidies. Secretary Carlos Gutierrez said the U.S. has the right to apply countervailing duties to Chinese paper imports, which he said threaten U.S. products. "We haven't seen the exact percentages yet, but this represents a 20-year break in U.S. trade policy and potentially a watershed in US/Chinese trade relations. The obvious impact is going to be felt in dollar/yen which is already collapsing," said Brian Dolan, director of research at Forex.com. The dollar was last down 0.4% at 117.61 yen, while the euro was up 0.3% at $1.3362

That is bad news! China and Japan might sell-off come Sunday night. The Shanghai is at it's all time high.
 
USD/YEN falling big time. The YEN carry trade will start to unwind. The falling dollar might prevent a -FV. But, Barclays doesn't seem to be follwing protocal.
 
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