Time turns trend. - W.D. Gann
-
Betting on the Stronger Dollar
The greenback has been helped by recent positive economic data, including the labor market improvements and stronger spending that helped lift stocks earlier this year. Advisers say the gains should continue over the next several months as recession worries brewing in Europe push more investors into U.S. stocks. That could help the dollar increase against European currencies like the euro and the British pound, says Paul Christopher, chief international strategist for Wells Fargo Advisors. “It’s a flight to safety,” says Scott Brown, chief economist at Raymond James. Investors are also more bullish on the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Apr 6, 2012 2:34am Apr 6, 2012 2:34am
- ForExtraPips
- Joined Sep 2011 | Status: Minor crosses. Major pips. | 252 Comments
- Comment #2
- Quote
- Apr 6, 2012 2:42am Apr 6, 2012 2:42am
- ProfFX
- | Joined Apr 2012 | Status: Member | 8 Comments
- Comment #3
- Quote
- Apr 6, 2012 3:30am Apr 6, 2012 3:30am
- johnel
- | Joined Jan 2012 | Status: Member | 508 Comments
- Comment #4
- Quote
- Apr 6, 2012 4:29am Apr 6, 2012 4:29am
- Guest
- | IP XX.XXX.22.135