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Dollar- a mystery


Watch the market Follow the financial reporting.View the snapshots.
Draw a graph. It will resemble an Electro cardiogram graph of aptient with a massive heart thrombosis.
The rise and fall are so swift,so frequent,so deep.
Cardiologists tell us to wait for anothr 24 hours or 48 hours .They buy time to announce the stability of the patient.
Analysts rush to announce that the dollar is strenghtening,retail sales are picking up,euro has fallen against dollar,in the G8 summit dollar will not be allowed to fall.
Dollar is being pampered,cajoled and assuaged,so that oil and gold will loose their sheen.
How long can they devolve such manipulation?
Why is U.S up to such pranks?
Gold is arm twisted,oil is knocked to satiate the thirst of US economy.
Mmarket gurus take the cue from the cardiologists.Practise patience.

By meenas17

A lover of classical Carnatic music.
An avid reader, passionate writer, into stocks and investments for livelihood

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