MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: Madharry who wrote (48897)	5/2/2000 11:48:00 AM
From: Les H	Read Replies (1) of 99985

Exchange rates aren't predicated solely on the interest rates. A slower US economy could also result in a lower dollar as less dollars find their way overseas to buy TV sets and motherboards. The high price of oil also helped buoy the dollar until recently as well.

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