Wednesday, May 28, 2008

Dollar Finds Footing

The Dollar has once again found its footing at a price point close to its all-time low. It is once again on the rise. The lower crude oil price and stronger Dollar is helping to fuel a stock market futures rally this morning. I wouldn't be surprised if we see a triple-digit up day for the Dow. We find out over the next several hours. There is never a dull moment in the financial world. If the market moves against someone today, sentiment a few days later can bring with it huge shifts in what is popular. Traders must therefore be quite fleet of foot and maintain a keen eye toward market sentiment at all times.