{"id":60115,"date":"2009-12-02T16:16:00","date_gmt":"2009-12-02T21:16:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/bca-research-still-no-bottom-for-the-us-dollar-2009-12"},"modified":"2009-12-02T16:16:00","modified_gmt":"2009-12-02T21:16:00","slug":"bca-research-still-no-bottom-for-the-us-dollar","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/60115","title":{"rendered":"BCA Research: Still No Bottom For The US Dollar"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b16d9070000000000536695&amp;maxX=343&amp;maxY=265\" border=\"0\" alt=\"dollar\" width=\"343\" height=\"265\" \/><\/p>\n<p>Rising dollar commodity prices, generally from low points in the early stages of this year, are now seen by some commentators as possibly running into bubble territory, as, effectively, a one-way bet against the dollar. Dollar gold bullion, for one, has made fresh all time records within the past 24 hours, at more than US$1,200 an ounce. Commodities enjoy broader support, as reflected in the majority of world stocks exchanges trading at or close to the highest levels this year.<\/p>\n<p>For speculators on the dollar commodity price train, the ceiling is yet to be reached, according to analysts at the Bank Credit Analyst, which reckon that &#8220;the dollar is not technically oversold and fundamental factors for a bottom are still not in place&#8221;. Seen over the longer term, the <a href=\"http:\/\/en.wikipedia.org\/wiki\/U.S._Dollar_Index\">dollar index<\/a> recorded a bull market from 1995 through 2001. It has been in a protracted bear market since, but at current levels, is above multi year lows seen in April 2008, when it measured 70.70 points, the lowest since inception in 1973.<\/p>\n<h2><strong><a href=\"http:\/\/www.mineweb.com\/mineweb\/view\/mineweb\/en\/page67?oid=93901&amp;sn=Detail\">Read the whole story at MineWeb &gt;&gt;<\/a><\/strong><\/h2>\n<p><a href=\"http:\/\/www.businessinsider.com\/bca-research-still-no-bottom-for-the-us-dollar-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/andy-xie-china-is-trying-to-prolong-the-bubble-2009-12\">Andy Xie: When The Dollar Bottoms, China Will Go Bust<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/jpmorgan-forget-dubai-stay-long-stocks-and-keep-hammering-the-dollar-2009-12\">JPMorgan: Forget Dubai, Stay Long Stocks, And Keep Hammering The Dollar<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/america-is-better-than-canada-again-2009-12\">Strong Canadian Dollar Slams GDP Growth<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/0Fz4BKydXIU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising dollar commodity prices, generally from low points in the early stages of this year, are now seen by some commentators as possibly running into bubble territory, as, effectively, a one-way bet against the dollar. Dollar gold bullion, for one, has made fresh all time records within the past 24 hours, at more than US$1,200 [&hellip;]<\/p>\n","protected":false},"author":91,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-60115","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/60115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=60115"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/60115\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=60115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=60115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=60115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}