The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (867)	9/6/2007 8:11:04 AM
From: RockyBalboa	Read Replies (2) of 71426

We have a Euro problem, not a dollar problem. Perhaps, they bought the Euro up because this currency is about to tighten, relative to other economies, thanks to population metrics. All the ECB can do is to occasionally print more Euros and dampen the rise, and to gag reckless traders a bit. The recent EUR correction after the massive involuntary intervention did little to break the currency. Todays news from well below than expected factory orders (-7%) show that the Eurozone has troubles digesting the EUR level, though. This is in fact one of the few reasons not the buy the currency.

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