The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Amelia Carhartt who wrote (781)	8/15/2007 11:14:23 PM
From: Real Man	Read Replies (1) of 71456

The dollar index is mostly Euro. The Yen is up nicely. I guess there is an answer to that question - when all the dollar spec. shorts cover, or when our tough uncle Ben succumbs to WS pressure and starts printing and cutting. He is in dollar support mode - no printing since May, no cutting either. Fear in emerging markets and European banks is also contributing to the dollar rise. This is weird, since it is caused by US mortgage troubles. So - Euro rates are lower, and they really injected a lot of liquidity. Thus, Euro is down, and the dollar index is down. Will they cut more than US? If they do, Euro will be under pressure, and the dollar index will rise for a while. Euro is not any better than dollar, it just rose cause it became a second World currency.

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