2008-08-06

US Buck On The Move

Good Wednesday morning and things are looking up; especially the US dollar.

 

Early indicators are hinting at maintaining interest rates at a low level. Now usually this would mean a lack of investment in that once almighty green back. But oh contraire my friend the dollar is holding its' own against both the Euro and the Yen.

 

Declining oil prices and a weaker world economy should keep the dollar on a rising track.

 

Me thinks Benjamin will be back on top where he rightfully belongs.