Wednesday, March 10, 2010

US Dollar Mixed Against Currencies

US Dollar Mixed

The U.S. dollar today was mixed and without much movement, as relatively little news of significance emerged to effect the greenback.

Other currencies were similar, other than the British pound which continues to be hammered by the numerous events and pressures it's undergoing.

Neither currency is particularly appetizing at this time, neither will the be over the long term.

The U.S. dollar seems to have a chance to strengthen based on perhaps nothing else than contrarian investing, as most people have been dollar bears for a long time, and little positive is leaking out about the currency.

US Dollar Mixed

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