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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: irlon who wrote (282)	11/21/2000 1:48:06 PM
From: Chip McVickar	Read Replies (1) of 12411

>>here in the UK << So irlon..., you're in the UK....! Very Interesting...! Is your country raising interest rates these days...? And/Or cutting fuel taxes and social programs...? It looks like the US Dollar is at the very least loosing it's momentum. futures.tradingcharts.com Even if the election causes a push higher, the long-term holders will not easily give up their positions. But, it appears that the differential between US and Euro with any substantive slow down in the US$ would narrow. However, there's very little evidence any other currency is strong enough to take the US$'s place. But, maybe the Pound and your economy will benefit from a weakening dollar, softening any recession.

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