Is Oil the New Anti-Dollar?
Good day… And a Happy Friday to one and all! Apparently, an email friend named Craig sent a letter to the Bank of Canada pointing out the perils of the bank’s low-interest bias, and guess what? He received a reply from the governor of the Bank of Canada, Mark Carney! WOW! So I guess Craig actually has friends in high places!Well, no beating around the bushes this morning… Since yesterday, we have an all-out currency rally going on. Yesterday, the euro ( EUR ) was flirting with 1.33, and today, it is sending love notes to 1.34. The single unit actually touched 1.34 overnight, but currently sits just below that figure. Unbelievable, right? Well, it just shows to go you that even the ugly currency gets taken out and dined! I called it an ugly currency because many of you know that I’ve referred to the dollar/euro as an ugly contest. Right now, it appears that the dollar is winning the ugly contest. But as we all know all too well, that can change in a heartbeat…

4.26pm "The Everton youth system has brought through some outstanding players – but we tend to lose the Rooneys and get left with the Hibberts," says Gary Naylor. "Rodwell is next off to Manchester come the summer." United might not need to poach them


