Global Manufacturing Takes a Hit
Posted on September 01, 2011 at 10:53 AM EDT
Yesterday morning I told you that with the day being the last of the month, we could very well see some currency weakness, as traders square their books, and close out short positions in the dollar. And that’s exactly what I think we saw yesterday… The bias switched from dumping dollars to buying them, but [...] Global Manufacturing Takes a Hit originally appeared in the Daily Reckoning . The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. The 5 Best Ways to Invest in Gold was previously featured in the Daily Reckoning.
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