Palladium falls as US dollar rises
Thu, Oct 2, 2008
Palladium Investing News reports with the stall in the US$700 billion dollar bail-out plan, prices of palladium have fallen with the rise in US dollar.
The US dollar saw an amazing rise on world markets today, probably due to a second bailout plan, which may succeed in being passed through Congress in the near future. The US dollar is currently rallying against the faltering Euro, and trading as high as 79.37, a 2.45 percent increase, on the dollar index, a measurement against other world currencies.
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