The U.S dollar is on its way to get back its Lion's Share  |
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 Day before yesterday the U.S dollar has relieved many from anxieties and worries. On the second day to (i.e. yesterday) it went up. I think teh U.S dollar's New Year resolution is to make people happy by moving in an upward trend. From past two days the U.S dollar is going up. Yesterday, teh dollar rose 0.5% against eh Euro and 0.4% bothe against the Sterling and the Swiss Franc.
Financial Analysts said that the short-term investors who stepped back owing to the dollar's weak positon are now stepping ahead to buy back the U.S currency. After a holiday, teh U.S dollar is in high spirits.
The previous week the dollar's position was very vulnerable and many thought to sell-off the dollar at the end of the year 2006. But in this New Year the dollar recouped itself and its on the way to recover its lion's share.
Let's see whether it will get back its share or not.
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| 1. tr4d3r (7) | 3 years ago |  Hi intelligent...
You're right about the dollar surging, but you must be cautious anyway. This is because it only surged due to a 6 week high agains the Euro after a government reporst showed the U.S. job growth unexpectedly quickened last mont, cooling speculation the Federal Reserve will cut interest rates this quarter.
The dollar approached levels that capped gains through much of 2006, and which now serve as so-called support for the currency.
The market is attaching too much weight to a Fed easing. The economy is not as strong as people suspect.
The dollar gained as speculation faded the Fed wil lower rates before April. A rate cut could undermine the dollar by lowering potential returns to international investors from U.S. deposit.
There is lot of reading about this matters and a lot to take out of it. If you want to have up-to-date information, you can always visit www.GnuTrade.com and have realtime prices from major financial markets from around the world.
If you want to read some interesting analysis, you can take a look at www.e-nvestments.blogspot.com.
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| innova1986 (44) | 3 years ago | Thanks for responding dear.
Seems dollar's conditon may be conditional. It may speculate in future.
Yeah I have gone through the website called Gnutrade.com. I have found it very useful and interesting platform. We can have live markets visible there
Thank you
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2.  nuffsed (870) | 3 years ago | 
In the longer term The dollar is doomed.
Americans cannot service their debts. They refuse to buy sensibly and encourage cheap Chinese imports. The Chinese are buying dollar International securities.
The yen is propping up the dollar.
Should China ever decide the dollar is not worth propping up then you might wish you had been in gold.
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| innova1986 (44) | 3 years ago | Thanks for responding.
But as for now, the dollar is on positive note and it dashing even the Euro's, Pound's and the Swiss Francs.
A Foreign Analyst said that the U.S dollar will regain its stability very soon.
so Let's expect all things will be better. B'coz all's Well ends well.
For more information about the world markets you can visit gnutrade.com.
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3.  kulanuwun (917) | 3 years ago |  Maybe we should change to Euro, now
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| innova1986 (44) | 3 years ago | Thanks for responding.
HHeiy!!! There is no need to worry now. The U.S dollar is now back in action. Dont go for Euro's as of now because the U.S dollar is going on hike, its on increasing note.
So think and change your currency.
For more information regarding live world markets visit gnutrade.com-- a website which shows live markets and if you want can bet on these live markets through this gnutrade website.
Check out once.
Cheers!!!
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