$US rally coming.The dollar continued to make gains, hitting a...

  1. Noifsorbuts
    271 Posts.
    clock Created with Sketch.
    25/08/08
    12:54
    Post #: 4143265
    $US rally coming.


    The dollar continued to make gains, hitting a two-year high against sterling after data last week showed Britain's economy was stalling, raising the prospect for monetary easing by the Bank of England.

    Comments by influential investor Warren Buffett that he has no bets against the dollar also added to the dollar's upward momentum.

    Thats the real Warren Buffet,not the CNP holding Buffet.

    http://business.theage.com.au/business/gold-loses-some-of-its-shine-20080825-41qu.html
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Money and Investing: Talking the minefield of divorce & family law
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
TBN Tamboran is developing the NT Beetaloo Basin. To get there, it's listing at $36/sh on the NYSE
right-arrow Created with Sketch.
HMD HeraMED delivers digital maternity care to select clinics with Telstra
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.