it seems to me as long as the market keeps moving up-- the dollar will continue to drop. vice versa? They could very well support the buck as the market begin to tank.
Mlsoft, See my last post. Seeing the degree that Greenie would manipulate the stock market I would not be surprised that the falling dollar is not part of a scheme to then come in and save it. Basically putting a floor on the dollar as he has on stocks.
Reuters Japan Stocks Lower After Resona Rescue Sunday May 18, 8:17 pm ET
TOKYO (Reuters) - Japanese stocks opened lower on Monday with Mitsubishi Tokyo Financial Group and other banks falling after the government had to move over the weekend to rescue Resona Holdings Inc.The government said after an emergency meeting on Saturday that it had agreed to throw a life-line to Resona after Japan's fifth-biggest bank said its capital adequacy ratios had fallen below legal limits needed to stay in business. The key Nikkei average was down 21.72 points or 0.27 percent at 8,095.57 as of 0005 GMT. Shares in Resona were ask-only with a glut of sell orders at 48 yen, down 10 yen or 17 percent from the previous close. The broader TOPIX index was down 0.5 percent at 815.08. http://biz.yahoo.com/rb/030518/markets_japan_stocks_3.html