where do you call it a top for the $US indx
muliyear resistance around the low 80's but charts mean nothing when other countries are at risk of weakening currencies and economys.
these multi $US rallies are killing our BHP RIO XMJ values by the day
do you think the rally will come to an end on the bailout?
global growth is at further risk if the bill isnt passed therefore the $US is appreciating against the world growth story.
Possibility of next weeks news
world growth to strenghten on credit market confidence being restored on the bailout bill. commodities rise and therefore $US depreciate.
LIBOR rate will fall. Isnt that gold bearish?
Gold was at $740, 3 weeks ago when the $US wa over 80.
The higher price today is either due to the safe haven factor or indian wedding season/strong physical demand this month
Too much info to digest its giving me a headache
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