Surge for the dollar as global fears rise

[spunkmaster]

Financial Times [UK], by Peter Garnham, Chris Flood, *

Original Article



London/Franfurt - The dollar surged to a two-year high against the pound and a six-month peak against the euro on Friday, as fears about spreading economic gloom triggered a sell-off in commodities. Against sterling, the US currency notched up its 11th consecutive day of gains ? its longest uninterrupted rise in more than 35 years ? as markets became increasingly convinced that the US was best-placed to weather the global downturn.

[Mike Semen]

Good news for those of us over the pond getting paid in $

[klinton]

i hope it will continue

[SteveLightspeed]

Does that mean Freeones will go back to 50%

[spunkmaster]

This is supposed to be a long climb up for the Dollar !

[UniversalPassLorence]

It's about time

[Antonio]

yeah, finally some light at the end of the tunnel, hope it lasts

[The Judge]

that's an easy one, it'll start going down and oil up one day after elections

[seeandsee]

i hope it will continue

i hope too

[SpicyM]

finally some good news after all the shit falling on this biz...

hope it will continue

[GetSCORECash]

Good news for those of us over the pond getting paid in $

Bad news for those os us getting paid in Pounds over here in the US!

[GetSCORECash]

Does that mean Freeones will go back to 50%

I don't think so... and I'm sure none of the EU content producers are going to lower their rates either.

[cheekycherry]

Long may it continue!

Here's to the heady heights of 2000-2001 when I started.

I've been taking a pay cut every month for the past few years, time for some pay rises

[notime]

anybody seen this movie yet about US economy?
http://www.apple.com/trailers/independent/iousa/
I was curious if it was out yet and what the movies comes down to

[PPjohn]

good news

[Vendot]

that's an easy one, it'll start going down and oil up one day after elections

Well......... i reckon the dollar will strengthen between now and the elections. It'll probably start to weaken again from around april/may next year.

Long term, the dollar can only go down so i wouldnt get too excited.

[Vendot]

Bad news for those os us getting paid in Pounds over here in the US!

Who the fuck gets paid in POUNDS?!?!?!?!?!?!?

[bobby666]

at least the first good dollar news this year

[baddog]

Can we get recovered in time for WA Amsterdam?

[he-fox]

go go go

[Manowar]

good for the UK/Euro Webmasters