Oct 30 2007
US Dollar and Sterling Moneycorp Advice
International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
London- 29th October 2007. The Dollar and Sterling still seem to be the talk of the town; the US Dollar staged a swift rally in a thin market simply because investors were not prepared to chase the Euro higher after the weekend’s record high. Without the Euro to drive things forward Sterling was subject to a similar round of profit-taking. Some innocent bystanders will have been hurt in the scramble but most simply stood aside and waited for the clear out to run its brief but spectacular course. By evening things had returned to normal and the world was once again engaged in shorting the Dollar.
Read the rest of this great post here
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