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    US dollar drop fails to lift nickel in light of Lehman bankruptcy

    Melissa Pistilli
    Sep. 16, 2008 08:40AM PST
    Market News

    Nickel Investing News reports with the financial turmoil after Lehman Brothers filed for bankruptcy, nickel prices tumbled more than 5%. The decline in the U.S. dollar failed to compensate for the Lehman instigated sell-off furry. Analysts, however, are urging investors to sit tight as they expect the end of week prices to reflect the dollar’s decline. For …

    Nickel Investing News reports with the financial turmoil after Lehman Brothers filed for bankruptcy, nickel prices tumbled more than 5%.

    The decline in the U.S. dollar failed to compensate for the Lehman instigated sell-off furry. Analysts, however, are urging investors to sit tight as they expect the end of week prices to reflect the dollar’s decline.

    For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

     

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