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



cheers GF.

nb, updated 2.30am wed.

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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$409 now.

Taken back to top.

Hi gf I was wrong - I thought it would not go over 407 this week.What will
happen now ?rgds aj

Ajren /Gf:
My view is that today is going to hit say 409 max then traildown to 406.75 then climb up to say 408 area before trailing back to just under 407 at end of day.
The likely uplift will materialise on say 10th dec from 406 area to 410.89 and by 12th dec 414.85.

I have got a chart which i just cant seem to be able to post - ican see it in word saved it as all sorts bmp,jpeg,gif etc etc but no joy.If you know a way let me know and i will post it on the thread

zarif

Hi zarif,
I do not know - posting chart problem.Do you want to ask Moneyam ?
414.85 on Dec 12 seems possible.I would go for 411 approx.However,I am just
guessing and have been wrong this week.rgds aj

ajren -thanks i have already contacted mam.
rgds
zarif

zarif,

just to let you know, I have replied to your E mail.

Regards

Ian