The us dollar breaks down

peaceandlove · 05-13-2009, 05:13 AM

GoldMoney Alert - 10 May 2009

THE US DOLLAR BREAKS DOWN

Last week the US dollar dropped 2.7% against both the euro and the Swiss franc. The dollar fell 2.4% against the basket of currencies comprising the US Dollar Index.

The dollar has been in a bear market rally since last July. Last week’s decline is further evidence that this bear market rally has ended, which is clear from the following chart.

Article continues: http://goldmoney.com/en/commentary/2009-05-10.html

Source: http://solari.com/blog/

05-13-2009, 05:13 AM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	The us dollar breaks down GoldMoney Alert - 10 May 2009 THE US DOLLAR BREAKS DOWN Last week the US dollar dropped 2.7% against both the euro and the Swiss franc. The dollar fell 2.4% against the basket of currencies comprising the US Dollar Index. The dollar has been in a bear market rally since last July. Last week’s decline is further evidence that this bear market rally has ended, which is clear from the following chart. Article continues: http://goldmoney.com/en/commentary/2009-05-10.html Source: http://solari.com/blog/