June 23, 2013 at 6:50 am

Avatar of tradeon
Trader
Joined: Jun. 23, 2013 Posts: 1

Hello ,
I wonder what the reason is behind the increase of the dollar rate?
and what will be the effect of this in other markets?

thanks

Edited by tradeon:

June 23, 2013 at 10:12 pm

Avatar of tradergirl
Trader
Joined: Jun. 24, 2013 Posts: 1

The dollar is being seen as a ‘safe haven’ to temporarily retreat to when gold & other equities are down. I’m not a currency expert, but in my opinion, I don’t see it having a lasting effect on markets.

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