The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: HH who wrote (9784)	8/1/2008 12:36:01 AM
From: Real Man	of 71455

Euro will be as good as the ECB policies. If the ECB starts cutting into economic weakness despite inflation, expect Euro to fall against the dollar intermediate term. However, if the ECB will care more than the Fed about the value of the common currency, the Euro will keep gaining ground against the dollar. Economic weakness is coming to Europe, but if Trichet stays tough, the asset prices in Europe will fall rather than the currency. Note what happened to all currencies during the great depression as a result of an attempt to get out of it

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