Dollar Up Oil Down

Mar 20th, 2008, 06:37 AM
  #1  
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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>
xyz123 is offline  
Mar 20th, 2008, 06:44 AM
  #2  
 
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Dream on
PalenQ is offline  
Mar 20th, 2008, 08:02 AM
  #3  
 
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Come on, Palenque, anímate! We have start thinking more positively and to appreciate any and all imrovements.
travelme is offline  
Mar 20th, 2008, 08:05 AM
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Well, buy € now, if you want to save some money.
logos999 is offline  
Mar 20th, 2008, 09:19 AM
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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.
Christina is offline  
Mar 20th, 2008, 09:24 AM
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It's people cashing in before the holidays, nothing psychologically important.
logos999 is offline  
Mar 20th, 2008, 03:41 PM
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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.
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Mar 20th, 2008, 04:10 PM
  #8  
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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......
xyz123 is offline  
Mar 20th, 2008, 11:09 PM
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>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.
logos999 is offline  
Mar 20th, 2008, 11:19 PM
  #10  
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oops not clear in my reply #7...

CA$1 = US$0.9773657834
xyz123 is offline  
Mar 20th, 2008, 11:29 PM
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Watch out for peak number one on your way up. No, sorry, it's just a stone. .

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