So... that was fun...

March 30, 2006

Pressure on the USD

I am actually very curious about the way the USD is going to move against the Euro in the coming months.
Indeed it seems that it will fall nicely!
According to this and this, people holding a lot of USD a more willing to sell than to buy.
And the Chinese might also start to sell their USDs against gold to diversify their holdings (sorry I don't remember I read about this).

Posted in: _Economy

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