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Tuesday, September 22, 2009
US Dollar Bought As Stocks Retreat To Start Trading Week
The US Dollar pushed higher to start the trading week as stocks sold off in Asian and European trading while US equity index futures hinted shares will open down nearly a full percentage point on Wall St. Has a meaningful correction in the risk rally finally begun, or is this merely a short-term setback before stocks and high-yield currencies resume upward momentum?
"Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic"
"Optimism means expecting the best, but confidence means knowing how you will handle the worst. Never make a move if you are merely optimistic"
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