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Non-Tech : The US Dollar vs the Euro and a discussion over exchange rat
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To: vladz who wrote (27)3/25/2005 3:01:09 AM
From: Alfred W. Post  Read Replies (1) of 57
 
Looking at the exchange rate $/Sissfranc I see that the increase in the interest rates in the USA shows positive results. Not too long ago, you could buy a $ for as little as Fr. 1.13 vs.1.20 now. But how long will this last?
However should the FED keep on increasing rates and make next time a jump of 50 points you could compensate most likely the losses on US stocks that would follow with gains in any foreign assets like EU or Swissfrancs. Fred
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