Solidus Communications Inc (SLDC)

[end2war]

This sort of articles says, in SUGOise, that they are going to inflate the value of CM until there is no choice but to develop it...

LONDON, April 29 (Reuters) - The dollar slid to a three-year low on Friday after inflation data suggested euro zone interest rates will rise again this summer, while stocks paused for breath and gold climbed to a new record.

Analysts see little upside for the dollar following the Federal Reserve's pledge this week to continue with near-zero rates for an "extended period" while central banks in Europe, Asia and Latin America are tightening policy.

Inflation in the 17-nation currency bloc edged up to 2.8 percent in April, well above the 2 percent target ceiling of the European Central Bank, which raised rates for the first time in two years earlier this month. [ID:nLDE73S0UT]

"The inflation numbers support the view that the ECB will deliver another interest rate hike before long. Indeed, although we expect a rate increase at the July meeting, the balance of risks is tilted towards an earlier move," said Aline Schuiling, senior economist at ABN AMRO.

The euro was trading at $1.4870 <EUR=> by 1200 GMT, close to a 17-month peak of $1.4882 hit on Thursday. The single currency also rose to a six-month high against sterling. [FRX/]

With Thursday's weak U.S. GDP and jobless data offering no relief to the dollar, the index <.DXY> which tracks its performance against a basket of major currencies fell to its lowest level in three years.

The dollar index fell as low as 72.850 and the greenback also hit a record low against the Swiss franc <CHF=>, while the high-yielding Australian dollar <AUD=D4> posted a new 29-year high.

The index is down about 7.5 percent this year, making the dollar one of the world's worst-performing assets, and is on track for its biggest weekly fall since mid-January.

Sean Callow, a strategist at Westpac in Sydney, said sentiment towards the dollar was "profoundly bearish with no catalyst for reversal", at least until all-important U.S. non-farm payrolls data next week.

With investors assuming rock bottom U.S. rates will continue to drive money into riskier assets, world equities as measured by the MSCI index <.MIWD00000PUS> are up by some 5 percent over the past two weeks. They inched up again on Friday.