Re: Discount rate up/ $US UP/ commodities down

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sharky

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Re: Discount rate up/ $US UP/ commodities down

in response to

Discount rate up/ $US UP/ commodities down

jurek

posted on Feb 19, 2010 04:55AM

I don't care the CAD $ too is rising against the € .

Normally the € will fall further as there is the reason US economy will first climb and Eurozone will follow later resulting that the rate will be tightened first in the US vs Europe.

So for me being in non Euro stocks is not that bad.

So far reaction is not severe in Eurozone..

Oil also found some support at 77.70.

I think oil will not go down near term.

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