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New low for dollar - 80.04.


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#1 nimblebear

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Posted 05 August 2007 - 07:40 PM

The mysterious hand will likely make it bounce, but today could be interesting if it breaks.
OTIS.

#2 uncleharley

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Posted 05 August 2007 - 08:02 PM

I'm betting on a break, but it might not come today. Whenever. I have time. uh

#3 kaiser soze

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Posted 05 August 2007 - 08:37 PM

I monitor USDX quite closely. In the evening session, I saw it hovering around 79.98 for almost ten minutes.

#4 pdx5

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Posted 05 August 2007 - 09:48 PM

If US$ falls much below 80, Benny deserves to be taken to the wood shed! His primary job is to defend and stabilize the dollar & guard against inflation. Dollar dropping wont look good for either.
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#5 mdwllc

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Posted 05 August 2007 - 09:53 PM

If US$ falls much below 80, Benny deserves to be taken to the wood shed!
His primary job is to defend and stabilize the dollar & guard against inflation.
Dollar dropping wont look good for either.





Actually, the US Treasury has responsibility for the US$...key number is 79.79 MDW :)
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