Exchange Rate: (October 24th)

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Exchange Rate: (October 24th)

Confidence in EU debt being resolved: US dollar will decrease in the next few days (commodity prices will increase cautiously) http://www.dailyfx.com/forex/technical/article/cross-market_technical_update/2011/10/24/US_Dollar_May_Face_Deeper_Losses_Before_Rebound_as_SP_500_Gains.html

On Wednesday, the EU summit will meet to discuss the crisis. if the summit proves unsuccessful, the US dollar could snap upwards (commodity prices drop quickly) http://www.dailymarkets.com/forex/2011/10/24/forex-dollar-edges-higher-amid-caution-ahead-of-eu-summit/

YaoChuChen19:49, 24 October 2011