Comments on: Has The Dollar Reached Bottom? http://guzzothecontrarian.com/2008/05/07/has-the-dollar-reached-bottom/ One Man's Quest to Conquer the Markets Fri, 21 Nov 2008 20:19:44 +0000 http://wordpress.org/?v=2.6 By: Mike http://guzzothecontrarian.com/2008/05/07/has-the-dollar-reached-bottom/#comment-49 Mike Tue, 15 Jul 2008 12:37:13 +0000 http://rationalspeculation.com/2008/05/07/has-the-dollar-reached-bottom/#comment-49 The euro soared as high as $1.6036 against the U.S. dollar in mid-morning London trade, according to FactSet, taking out the previous all-time high near $1.6020 set in April. <a hre="http://biz.yahoo.com/ap/080715/dollar.html" rel="nofollow">Dollar drops to new low against euro which tops $1.60</a> The euro soared as high as $1.6036 against the U.S. dollar in mid-morning London trade, according to FactSet, taking out the previous all-time high near $1.6020 set in April.

Dollar drops to new low against euro which tops $1.60

]]> By: Mike http://guzzothecontrarian.com/2008/05/07/has-the-dollar-reached-bottom/#comment-50 Mike Sat, 21 Jun 2008 05:25:09 +0000 http://rationalspeculation.com/2008/05/07/has-the-dollar-reached-bottom/#comment-50 It's still a <a href="http://www.bloomberg.com/apps/news?pid=20602081&sid=aN5YtYLD1Tt0&refer=benchmark_currency_rates" rel="nofollow">Euro theater</a>. It’s still a Euro theater.

]]> By: Mike http://guzzothecontrarian.com/2008/05/07/has-the-dollar-reached-bottom/#comment-47 Mike Thu, 15 May 2008 18:14:38 +0000 http://rationalspeculation.com/2008/05/07/has-the-dollar-reached-bottom/#comment-47 <a href="http://www.bloomberg.com/apps/news?pid=20601100&sid=aziID7BuyEDU&refer=germany" rel="nofollow">Dollar Rises Against Euro on Decline in Crude Oil Prices</a> According to this post: <blockquote> The correlation coefficient between oil and the euro- dollar exchange rate has been 0.95 percent for the past year, indicating they have moved in the same direction 95 percent of the time. </blockquote> I guess that says it all. Dollar Rises Against Euro on Decline in Crude Oil Prices

According to this post:

The correlation coefficient between oil and the euro- dollar exchange rate has been 0.95 percent for the past year, indicating they have moved in the same direction 95 percent of the time.

I guess that says it all.

]]> By: Mike http://guzzothecontrarian.com/2008/05/07/has-the-dollar-reached-bottom/#comment-48 Mike Tue, 13 May 2008 14:45:27 +0000 http://rationalspeculation.com/2008/05/07/has-the-dollar-reached-bottom/#comment-48 An opposing viewpoint: <a href="http://www.marketwatch.com/news/story/dollars-decline-finally-may-have/story.aspx?guid=%7BAE0BFFD9%2D8FEC%2D4128%2DB7CE%2DCDBE82269EE3%7D#comments" rel="nofollow">The Buck Stops Here</a>. An opposing viewpoint:

The Buck Stops Here.

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