I have written an artcile on "Sell Indian Rupees to Buy US Dollars because of deflation rather inflation".
Due to the expectation of increasing inflation in US, people are dumping the dollars and move on to other currencies. As of now, do we have inflation so far in the past two years? No. USA has only deflation in the last two years. From August 2008 to August 2010, the inflation rate is Negative (!) -0.35%, that represents only deflation. Thats why.....
Please visit http://www.softwareandfinance.com and click on the topic "Sell Indian Rupees to Buy US Dollars" under most recent posting to read the entire article. Alternatively you can click the "Savings" Tab from the home page.
Friday, October 1, 2010
UUP (PowerShares DB US Dollar Index Bullish) is a buy
Hi All,
I have written an artcile on "UUP (PowerShares DB US Dollar Index Bullish) is a buy".
Sep 29, 2010, UUP (PowerShares DB US Dollar Index Bullish) ETF closed today at 22.84 and the price looks attractive to buy as there is too much of pessimism towards US$and the greenback is set to rally significantly from oversold condition. This is not a volatile stock as it may not have any wild swing and good play for conservative investors.
Due to the expectation of increasing inflation in US, people are dumping the dollars.....
Please visit http://www.softwareandfinance.com and click on the topic "UUP (PowerShares DB US Dollar Index Bullish) is a buy" under most recent posting to read the entire article.
I have written an artcile on "UUP (PowerShares DB US Dollar Index Bullish) is a buy".
Sep 29, 2010, UUP (PowerShares DB US Dollar Index Bullish) ETF closed today at 22.84 and the price looks attractive to buy as there is too much of pessimism towards US$and the greenback is set to rally significantly from oversold condition. This is not a volatile stock as it may not have any wild swing and good play for conservative investors.
Due to the expectation of increasing inflation in US, people are dumping the dollars.....
Please visit http://www.softwareandfinance.com and click on the topic "UUP (PowerShares DB US Dollar Index Bullish) is a buy" under most recent posting to read the entire article.
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