Hope this helps board members out. Come on $400.



cheers GF.

nb, updated 2.30am wed.

taken back to top.

gf.

I think it will go to 407 within 10 days - just a guess.Down again - any ideas
as to why ?

World Spot Price is - 1.50/- .37 per cent
Ask:-402.60
Bid:-402.10
rgds aj

London = 402.40
Why down ?

zarif,

Sorry I had to remove your thread as it was messing up the rest of the post.

Apologies

Ian

Ian -no problem - i was wondering what happened as it was all over the place.Sorry for the mishap-hope apology accepted.

rgds
zarif

no problems Zarif.

Ian

World Spot Price :-

Ask :- 401.30
Bid :- 400.80

-2.20/- .55 per cent
rgds aj

London = 402.00
rgds aj

Looks like happy with dollar and they predict reasonable employment data.

i.e.New York Spot Price is - 2.90/-0.72
Ask --- 400.60
Bid --- 400.10

I expect it to go sub 400 and rise next week
rgds aj

Ref above : Correct i.e.New York Spot Price Low = 399 rgds aj

London p.m. = 402.40
rgds aj

New York Spot Price High was 406.70
Reflects the unemployment position,etc
rgds aj

Aj,

Looking tasty!

Saturday, December 6, 2003 (Washington):


Some financial experts are worried over the continued drop in the value of US dollar, noting that under George W Bush presidency, the currency has tumbled 44 per cent - from its October 2000 high of about 83 cents to last week's low of $1.21 to the euro.

"The dollar is the crisis story. A lot of smart money has moved out of the dollar in the last six months. Now the latecomers are rushing to sell, and that is adding to the momentum," warns James Harmon, an investment banker who headed the US Export-Import Bank during the Clinton Administration.

Felix Rohatyn, a former US ambassador to France and financial expert, said, "I am appalled at what is happening to the dollar. A basic responsibility of a government is to maintain the value of its currency."

Rohatyn argues that the Federal Reserve should signal that "it will not allow a dollar crisis to happen" by raising the Fed funds rate at which banks can borrow money overnight from its current low level of one percent. However, Fed Chairman Alan Greenspan sees no crisis. (PTI)


With the dollar falling Eur hit another all time high yesterdy at 1.2163 still in an uptrend next level 1.2375 -1.2500 -this means dollar getting a pasting and gold rising -which is good news for us.

rgds
zarif

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