Just some ideas for those who like to dabble in the money markets Basically I can't sell the USD against any other currency at the moment. That being said the 90 level from the USD index could see a decent pullback and consolidation period given the parabolic move the USD index has been in for the last 6 months. I like the AUD to the 0.800 level and wouldn't consider buying until the 0.900 level which isn't going to happen anytime soon. I like the CAD to the 1.20 level given the downward pressure on oil which I expect it to continue and now that the YEN had broken above 1.20 and with the Japanese election in a week or so I expect it will continue to come under selling pressure. Gold and silver I'm on the sidelines for until there's a major break lower or until USD index hits the 90 level then I may start buying anticipating the pullback. Oil will provide selling opportunities up to the $75.00 level as I believe it's heading lower to at least $60.00.
