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Saturday 17th 2008f May 2008 02:43:36 AM UTC

News

Dollar Is Going to Go Up

07/09/2005

If our dear traders and admins “jump onto horse”, maybe we can expect increasing the income from HYIP with the varied interest payouts. The thing is that now dollar fell down against the main currencies, since the market is waiting for the appearance of FBS authorities, to understand their reaction upon the “Katrina” effect.

The president of FRB in Chicago Michael Moscow should talk about economy today at 17:30 GMT. It`s going to be the first speech of FRS authorities after the “Katrina” hurricane. Everything is traced in order to hear, whether FRS is able to make a pause in the rates increasing. However, dollar can go up with the prices for oil that reached the maximum for the last week 70$/barrel and with yesterday`s strong ISM on the service sphere of the USA, and it can happen as early as on September 20.

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