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EUR-USD

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Not applicable
The euro has turned at 18h30 on 11/01/2012 against the Dollar and will continue to rise for a period of +/- one year. Maine
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10 REPLIES 10
barry_1
Super Contributor
That would help Dollar denominated resources.What is your source for this opinion?
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Not applicable
Elliot Wave
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Elliot Wave
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Elliot Wave
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barry_1
Super Contributor
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Pepi
Regular Contributor
Doesn't bode well for Gold does it?
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Frogg
Frequent Contributor
Where do you see the rand heading?
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Not applicable
The Dollar will fall which will suit the Amercans whose economy is turning since their exports will be cheaper thus increasing sales to the rest of the world. Their return on their massive investments all over the world will increase due to the higher Dollar income. This money will all be used to build up the Amercan economy as is their present policy. Oil prices will increase due to higher demand (Gold will follow - always been like that due to inflation fears and falling Dollar). The one to watch is PLATINUM. The demand will increase rapidly due to the increase on car sales (new vehicle technology and designs are causing the demand - everybody wants the new cars. Platinum will again regain its position priced above gold. The Rand will most probably increase in value - we seem to follow the Euro lately.
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barry_1
Super Contributor
NAOMI also thinks platinum's time is arriving.See her blog today.
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SimonPB
Valued Contributor
that's a long fundamental explanation for a technical story ??
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