(click to enlarge)Also, note the reasons put forward today are the same proposed here in the last few weeks (and on several occasions). Bloomberg's headline sums it up:
Copper Rises in London as Chinese Stockpiles Fall to Record Low - Bloomberg, Sep 12 2008 5:41AM
Also, in that note we have people who obviously read biiwii Gary:
"The dollar has had an amazing run and clearly needed a pullback,'' Randy North, a trader at RBC Capital Markets in London, said by phone.
The USD index is at 79.56 at time of writing; that's down half a point. See this post from yesterday morning for the necessary chart and the thoughts, but the bottom line is that I want that guy Randy's job. You get to be wise after the event and they pay you.
Copper Rises in London as Chinese Stockpiles Fall to Record Low - Bloomberg, Sep 12 2008 5:41AM
Also, in that note we have people who obviously read biiwii Gary:
"The dollar has had an amazing run and clearly needed a pullback,'' Randy North, a trader at RBC Capital Markets in London, said by phone.
The USD index is at 79.56 at time of writing; that's down half a point. See this post from yesterday morning for the necessary chart and the thoughts, but the bottom line is that I want that guy Randy's job. You get to be wise after the event and they pay you.