Big move in forex & commodities

Lots of fun ongoing in Western markets: Dollar Delight

Today the Dollar is having its best day since July 2005 with a gain of 1.167%.

Most hosed is the Euro, followed by crude oil & copper, silver and finally gold; here are the highlights -

The euro fell the most in almost eight years.

The Russian ruble fell by the most in 2 1/2 years against a dollar-euro basket.

Light, sweet crude for September delivery lost $4.03 to $115.99 a barrel.

Gold futures for December delivery fell $16.30, or 1.9 percent, to $861.60.

Silver futures tumbled more than 5% to 2008 lows.

Dollar bears & oil bulls are re-learning this lesson: The trend is your friend, until it bends! :)

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