Tuesday, August 24, 2010

US Dollar Rising: Stocks Collapse

Stocks have always being tied to the US dollar:

  • US dollar rises, stocks drop.
  • US dollar drops: stocks rise.
So no surprise stocks around the world are dropping hard today. USDX in the last 24 hours:

The relationship is confirmed by all our correlation studies.

The above was captured just now from the wonderful INO's tool (access trial)

Stumble Upon Toolbar

No comments:

Financial TV

Blog Archive

// adding Google analytics