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Non-Tech : The US Dollar vs the Euro and a discussion over exchange rat

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To: nigel bates who wrote (47)6/20/2005 9:33:33 AM
From: cbzcouse   of 57
 
Hey Nigel, even though the news was baked in, it seems to be having some impact on the Euro-Dollar rate today.

It will be interesting how traders set the Euro-$ exchange rate - torn between the problems of EU vs. the twin deficits of the US.

Lately though, it seems to me that the currency as well as equity and bond markets are moving in a direction the big money wants it to go, usually, this direction is contrary to what could be logically expected.
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