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USA - the US Dollar

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Dear Thor (and List),

 

From the 20th April, Saturn is no longer retrograde and the affliction to

natal Sun in the SAMVA USA chart will begin to separate. In early May, the

axis starts to move faster and the affliction to the MEP lessens. By

mid-May, the Ju-Sa affliction is past 1 degree and gradually moves out of

contact for the remainder of this year. (On Jan 2, 2008 they again come into

close contact). It's good that the MEP affliction by the axis isn't as heavy

when the Ju-Sa affliction in heaviest.

 

In the midst of the other events covered, USD has taken a pounding against

the major currencies over several weeks. Today it has fallen to multi-year

lows against the British Pound - these prices haven't been seen since 1992,

and technically there is still scope for more weakness. Low USD prices

against EUR hasn't been seen since late 2004, albeit briefly.

 

We should note that at these elevated prices, there is usually a big drive

to buy USD. Fundamentals considered, the greenback is undervalued at the

moment.

 

The debilitation of Mercury usually brings this 'unruly' behaviour in the

markets unless other planets bring balance.

 

The SP has hit highs not seen since 2000 and the DJIA has moved to levels

just shy of the Feb fall. Help here is given by the Ma-Ve aspect in the USA

chart. The close approach to the MEPs by Ve, Ma and Me can also be helpful

in the coming days.

 

 

Best regards,

 

Vyas Munidas

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