Sat, Aug 30, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies, Market Moves more

US dollar makes comeback, ‘bucking’ world downturn

Posted on 30 October 2008

From IHT: The stock market is in shambles, credit markets are squeezed and corporate earnings are falling. But one piece of the mangled U.S. economy is making an improbable comeback: The once-almighty dollar.

As the financial meltdown clobbers world economies from South America to Asia, investors desperate for safe assets are plowing money into the battered buck — helping it snap a six-year slide and reclaim its long-held status as a stable asset during rough times….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31