Thursday, February 4, 2010

PIIGS Woes Help Dollar

Concerns about the fiscal position of European countries are giving the dollar a lift this morning, while causing a selloff in commodities. >>READ

ECB hold interest rates @ 1% >>READ
Silver Wheaton (SLW) is getting sold off hard today...suggest buying or adding as Euro/Dollar near downside targets. Gold has broken undeer $1075 support $1040 next, US Dollar is nearing 80, upside resistance level 81.

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