I know, i know it's been a while, but i had a couple things going on and did not see any pressing developments i would have to inform you about...
well things changed and i am broadening my focus a little bit.
Now that the stock market rebound over 30% from its low there are many exciting things going on.
Today i wanna talk a little bit about the Dollar and its strength. Last summer it took $1.56 to buy 1 Euro. By December the dollar recouped and you would only have to pay $1.23.
Well over the last couple of month the dollar had a lot of movement. the general trend was a weakening of the dollar the low so far was $1.42/euro. At that point a Russian politician made a public announcement that he can not imagine that the dollar is loosing its status as worlds leading currency. At that point the dollar gained 5 cents on the euro.
I strongly recommend to keep an eye on these developments as the daily variations are often over 1% in either direction.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment