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Dollar extends broad rally as euro withers
Combination of factors contributes to greenback’s gains
By William L. Watts & Lisa Twaronite, MarketWatch
Last Update: 8/8/2008 4:18:00 PM
SAN FRANCISCO (MarketWatch) — A sell-off in crude-oil futures, surging stocks on
Wall Street and U.S. economic data showing a rise in productivity further fueled
a dollar rally Friday initially sprung by concerns about [...]

Golds’ price is likely to raise this Monday and Tuesday as traders continous to sell of dollars.
“It is a green light to continue selling U.S. dollars. It is most likely what we’re going to see on Monday and Tuesday,” said Michael Woolfolk, senior currency strategist at the Bank of New York Mellon.
“It was a very [...]