Wed, Sep 28, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Commentaries, Currencies more

Why the US dollar is still resilient

Posted on 23 March 2009

From Indiatimes.com: Trillion-dollar bailouts, trillion-dollar deficits, and the largest spending bill in US history. No matter how dire the news out of the US, the dollar strengthens. It has carried on rising in spite of new bailouts for two leading financial institutions — Citigroup and AIG — a catastrophic fall in US gross domestic product and more dreadful news about the US housing market.

The dollar has risen 10% against the euro so far this year, and by 7.4% against the yen…..Full Article: Source


 Article link

This post was written by:

VRS - who has written 47873 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
September 2016
S M T W T F S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930