Dollar Up Oil Down
 

Hey guys...

I was just listening to the half hourly business report on the radio...

The dollar is up and is close to the psychologically important $1.54 benchmark against the euro.

Oil has tanked below $100/barrel...

Can recovery be far behind? <g>

Dream on

Come on, Palenque, anímate! We have start thinking more positively and to appreciate any and all imrovements.

Well, buy € now, if you want to save some money.

Why is the exact figure of $1.54 a "psychologically important" benchmark? I don't get it -- why not 1.53 or 1.55? As many people think in round numbers, I would have thought $1.50 might be a psychologically important number, not 1.54.

It's people cashing in before the holidays, nothing psychologically important.

The psychologically important bit was meant tongue in cheek...I remember threads as the dollar was falling you know saying now $1.53..now $1.54...now $1.55...up up and away...

Actually, frankly nobody really thinks this is going to last but let's have some fun in the meanwhile.

BTW...

More good news...at least for today..

The £ is below the psychologically important $2 benchmark...closing today at $1.9831896347...

And the looney is now back under parity with the greenback closing today at $0.9773657834

Go greenback go......

>Actually, frankly nobody really thinks this is going to last but let's have some fun in the meanwhile.

That's the spirit! We're all doomed, so let's party. :D

oops not clear in my reply #7...

CA$1 = US$0.9773657834

Watch out for peak number one on your way up. No, sorry, it's just a stone. :D.

http://c.onvista.de/h_kl.html?VOL=0&...mp;CURR_TO=USD