The rise of the US$ is really interesting. When you think of the awful state of the U.S. economy, the $ should not be rising, but it is, which means currency traders think that the $ is relatively safer than the Euro, the BP, the Yen.
The U.S. sneezes and the world gets a cold. Globalization. Gotta love it.
2 comments:
"The U.S. sneezes and the world gets a cold"
did you come up with that on your own or did you read that line somewhere? it's rather poetic. if it's yours, I am impressed.
Not mine.
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