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Friday, November 21st, 2008

Posts Tagged ‘ Parity ’

We Could See Pound-Dollar Parity By Year End

Oct 28th, 2008 | By Frank Hemsley | Category: US Dollar & Forex Trading

With an estimated $4 trillion daily, forex trading dwarfs other markets in terms of volume. And stock market chaos is driving more investors to the currency markets. Frank Hemsley says forex trends are prone to overshoot. That means the British pound could fall much further against the US dollar in the coming months. It may be a bold call, but Frank says pound-dollar parity by the end of the year is a real possibility.

Tags: Add new tag, Bank Of England, British pound, Chases, Currency Market, Currency Markets, Fleet Street, Forex Trading, Frank Hemsley, Hemsley, Market Chaos, Overshoot, Parity, Stock Markets, US dollar
Posted in US Dollar & Forex Trading | No Comments »

Weak Data Will Send Dollar To New Depths

Jul 15th, 2008 | By Chuck Butler | Category: Politics & Economics

The Daily Reckoning’s currency expert Chuck Butler says the dollar is being taken to the woodshed. The greenback is losing ground against all major currencies as the credit crisis continues to wreak havoc in the U.S economy. Chuck says disappointing inflation or retail sales data this week will send the dollar to new depths…

Tags: Albatross, aussie dollar, Australian Dollar, Bank Of England, Bank Of Japan, BOJ, Canadian Dollar, Chuck Butler, credit crisis, Csny, Daily Reckoning, euro, Greenback, Investor Confidence, Japanese Yen, loonie, Losing Ground, Parity, Pound sterling, Rear View Mirror, Retail Sales Data, Rising Interest Rates, US housing crisis, US inflation, US recession, Woodshed
Posted in Politics & Economics | No Comments »

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