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You Are Here: Home > Articles > Contributors > Rubber Dollar
Rubber Dollar
You Are Here:Home > Articles > Contributors > Rubber Dollar
Rubber Dollar
Aug 11, 2008
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I believe that the recent strength in the dollar is going to weaken briefly. Looking at the EUR/USD chart below, I would say this is probably going to retrace to to about the 1.54 level.
What this would mean for other markets (again, short term, measured in days) would be
- A boost in oil prices
- A boost in gold
- An impetus for stocks to soften up
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