Tuesday, July 22, 2008

Dollar

Go to the 3 day chart and look at the bounce we've had this AM.

Use link on right.

3 comments:

Nate Stephens said...

do you mind telling an idiot like me what caused that? did other currency just fall which made the dollar look better?

JoeGoog23 said...

My guess is the Fed governors saying rate hikes should be coming sooner rather than later. JMO

NotNOW said...

ANother engineered bottom attempt. There are several pump articles on CNBC website to go along with this. TPTB may be putting a lot of effort into this one. Ho hum.

The markets will turn when the fundamentals improve. With the real condition of Fannie and Freddie the fundamentals have gotten worse, not better.