PDA

View Full Version : Commodities Drop, Rally in Dollar, Stocks Vindicate Bernanke - Bloomberg



NewsWhore
03-22-2008, 06:32 AM
<img alt="" height="1" width="1">
Commodities Drop, Rally in Dollar, Stocks Vindicate Bernanke (http://news.google.com/news/url?sa=T&ct=us/9-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaGnGoiVO0304%26refer%3Dhome&cid=1144591377&ei=U9LkR7alM46o8AKWyMCdDw&usg=AFrqEzckiktaeVlncBXB29eIxSh_eGPnCQ)
Bloomberg - Mar 20, 2008
Because commodities such as oil and gold are priced in dollars, they have risen as the US currency has weakened in response to the Fed&#39;s previous rate cuts. ...


More... (http://news.google.com/news/url?sa=T&ct=us/9-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaGnGoiVO0304%26refer%3Dhome&cid=1144591377&ei=U9LkR7alM46o8AKWyMCdDw&usg=AFrqEzckiktaeVlncBXB29eIxSh_eGPnCQ)