11 Aug 08 - Retailers - Getting Strong from the USD Strength

at this juncture, eur/usd has gone below 1.492. this is the first time that usd has strengthened to below 1.5 since at least Mar08.
CL has also plummeted to below 115pbl and that is despite a war in Georgia !!! the oil sentiment is undoubtedly very bearish and has been for some weeks now.
hence, as a result, the retailers are given some attention as the stronger usd can translate to better overall bottom line.