Dollar Regains Haven Status as Deutsche Bank Says Buy

[ASusilovic]

The dollar is reasserting its status as the world's reserve currency as investors seek a haven from plunging emerging-market stocks and bonds.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a4eOuxv1IKV4&refer=home

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[Cutten]

Nice to put the buy call out after a 35 point rally in 3 months.

 

[Susannah]

It'll be buy, buy, buy for a while longer I think. Maybe about 5 or 6 months until it become clear neither the economy nor the ever increasing government spending is going to support us paying our debt back, then China will finally have had the last straw and it'll finally be time for us to pay the piper.

I'm hoping that our trading in the market capabilities here in America haven't been stripped away so much by then (transaction taxes, etc) that it impedes me from being nimble when that storm hits. We'll see, I guess.

 

[gnome]

Quote from ASusilovic:

The dollar is reasserting its status as the world's reserve currency as investors seek a haven from plunging emerging-market stocks and bonds.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a4eOuxv1IKV4&refer=home

:

Have you seen how fast the Aussie Dollar plunged 40%? OUCH!

 

[swingtrader]

Anybody think US Dollar Index will hit greater than $1.05 by Q2 2009?