Dollar movement

Dollar to hit parity ’shortly’, Fortescue boss says

Posted on September 21st, 2010 in aus, aussie dollar, cent, Dollar movement, dollar news, forex market, Forex Markets, forex movement, forex news, forex trading, micro cap, perth, US Stock Market, World News

Mining magnate Andrew Forrest says the Australian dollar is likely to hit parity with the US dollar ‘‘shortly,’’ as benefits of the resources boom spill into the wider economy.
After the currency overnight struck a two-year high of 94.94 US cents, the Fortescue Metals chief said he thought it had further to rise thanks to the [...]

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Obama US$ VS Hu jintao Yuan

Posted on April 17th, 2010 in 2009, 2010, china stock market news, China stocks, dollar, Dollar movement

Its a war !! A money war  !! The dollar revaluation yuan war Yuan vs  the Dollar Yuan is going down down value !! and obama ‘s prespiration is getting stickier But the yuan is still truant, with the dollar still fretting. Will the yuan win or the Dollar … well this pic  captures the [...]

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Dollar’s Continued Fall in 2010

Posted on December 24th, 2009 in aus, aussie dollar, cent, dollar, Dollar movement, forex market, Forex Markets, forex movement, forex trading, micro cap, perth, us dollar, US Dollar news

The most accurate dollar forecasters –– predict the U.S. dollar will continue to fall in 2010. That prediction is based primarily on the historical relationship between interest rates and the dollar.
Those analysts seem to ignore the strong inverse correlation between the dollar and equities. They’re either assuming equities will continue to rise next year or [...]

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