On July 15th the US Dollar Index closed at 71.87, the lowest close since reaching its record low in April. This index was in the process of breaking down, and in fact it had actually fallen out of its uptrend channel on the following chart.However, rather than continue lower and fall off the edge of [...] continue reading world news
Donnerstag, 2. April 2009
U.S. Dollar Intervention
On July 15th the US Dollar Index closed at 71.87, the lowest close since reaching its record low in April. This index was in the process of breaking down, and in fact it had actually fallen out of its uptrend channel on the following chart.However, rather than continue lower and fall off the edge of [...] continue reading world news
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