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Greenback Gets Green Light

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Greenback Gets Green Light

Postby saidnawrass » Sat Nov 24, 2012 11:43 am

Idea of the Day
The dollar has continued to climb overnight and we believe it will continue to rise in the near term. Unsurprisingly, the Eurogroup was unable to narrow its differences with the IMF despite 11 hours of discussions – in response the euro has dropped back to 1.2750. Geo-political tensions in the Middle East help the dollar, as does the growing sense that America’s political leaders will do a deal to avoid a precipitous fiscal cliff. Also, the American economy is still delivering positive surprises. Keep the faith – stay with the greenback.
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Re: Greenback Gets Green Light

Postby Shawnmichal » Sat Nov 24, 2012 12:15 pm

"Euro hits $1.29 as Greek Deal moves closer" like this many latest market and forex news can be found at It is a good source to being updated with latest market news. I follow it.
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