Saturday, November 25, 2006

US Dollar Falls

The Dollar plunged against major currencies on Friday and the Euro soared. What this means for your investments is that we will likely see a lot of volatility for the next couple of months. I see a correction coming since stocks have been rising for quite a while now. For short term investors, this may mean a run for safe havens. For short term investors, this may mean a buy on great stocks that have been beyond reach.

1 comment:

currency level said...

Now a days rupee near around 60 against a dollar, but sensex going good,.....in future it will be going more beneficial..
NSE Tips||
BSE Tips