Fox Lake Towing and Recovery

Tag: Dollar


Bucking a Trend: Why the Dollar Could Rally in 2011

by on Feb.21, 2011, under Towing

Dollar versus renminbi

Despite all the headwinds blowing against it — and they’re fierce — the U.S. dollar has been holding its own against the world’s major currencies. And if the U.S. recovery remains on track, the greenback has good odds of actually strengthening in 2011.

Continue reading Bucking a Trend: Why the Dollar Could Rally in 2011

Bucking a Trend: Why the Dollar Could Rally in 2011 originally appeared on DailyFinance on Mon, 21 Feb 2011 10:00:00.

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Why the Dollar Is Tanking as Cairo Burns

by on Feb.03, 2011, under Towing

Protesters firebombed in Cairo

When crisis erupts, such as the current fighting in Egypt, investors usually flee to safety. Historically, that has meant piling into the U.S. dollar. But a funny thing happened when protesters took to the streets of Cairo. For the reason why, look to Europe.

Continue reading Why the Dollar Is Tanking as Cairo Burns

Why the Dollar Is Tanking as Cairo Burns originally appeared on DailyFinance on Thu, 03 Feb 2011 06:30:00.

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Gold, Stocks and the Dollar: The Rise and Fall of a Correlation

by on Jan.24, 2011, under Towing

For the past two years, the relationship between the dollar, stocks and gold was strong. When the dollar dropped, stocks and gold rose, and vice versa, nearly all the time. But since New Year’s Day, that link has completely vanished, which is terrible news for the gold bugs.

Continue reading Gold, Stocks and the Dollar: The Rise and Fall of a Correlation

Gold, Stocks and the Dollar: The Rise and Fall of a Correlation originally appeared on DailyFinance on Mon, 24 Jan 2011 11:30:00.

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