Wednesday, October 29, 2008

CARPE DIEM: King Dollar Hits A 30-Month High


CARPE DIEM: King Dollar Hits A 30-Month High
"The dollar is king of the hill again -- at least for now.
Amid the cascading credit crisis, the U.S. currency has reclaimed its status as the world's haven in tumultuous times."
The U.S. dollar index (vs. major currencies) hit a 30-month high today, reaching the highest level since April 14, 2006 (see chart above).
No MSM coverage here....

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