This morning you had news like this:
Oil was higher in Asian trade today as the US currency weakened against the euro, boosting investor appetite for dollar-priced commodities including crude, analysts said.
and this in the WSJ
MUMBAI (Dow Jones)--The Indian rupee rose against the U.S. dollar Friday, mirroring strength in major currencies against the greenback and helped by gains in the local equity market.
When the real indicator on the dollar on Wall Street is this:
It's hard for the dollar to fall when everyone's being a tight *ss!
Post a Comment