Greatly Exaggerated
EN
Tags:
(Gorilla, 574
Points)
on 2/8/10 at 8:11pm
The U.S. Dollar is Finally Getting Invited Back to the Investment Party
The buck is up 6% against the euro in the last three weeks. Notwithstanding problems in Greece and Spain, and the attendant complications for the E.U., this is a pretty good performance.
Illustrating an important lesson. Don't count the dollar out too soon.
Full article at: US Dollar





Comments
What happens when China and
What happens when China and Australia keep raising interest rates while we are stuck with stagnant rates and 9%+ unemployement?
The dollar is having a short term "flight to quality" due to the Greece debacle. As soon as the fear factor wears off, dollar will tank yet again.