dollar fell against the yen
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article2070938.ece
July 13, 2007
Iran demands oil pay in yen not dollars
The dollar fell against the yen this afternoon on reports Iran has asked Japan to stop paying for its oil in dollars
How will this affect the real estate industry, considering all the parameters--the numerous foreclosures, the stalled market, inflation, etc...
How is this demand--and future ones, that will possibly cause great inflation--going to affect my ability to sell my house or purchase another? Should I sell NOW, and plan to buy several months from now, or what?
What do you all see?
ofgift