The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Box-By-The-Riviera™ who wrote (15416)	12/12/2008 10:37:06 AM
From: Real Man	Read Replies (6) of 71400

I guess it's a negative surprise, since recession is expected to take care of it. With Fed potentially cutting 75 bp. next week, USD will overtake Yen as #1 carry trade funding currency. WHOA! Bank Rates - New Zealand NZD 5.00% Bank Rates - Australia AUD 4.25% Bank Rates - United Kingdom GBP 2.00% Bank Rates - United States USD 1.00% Bank Rates - Canada CAD 1.50% Bank Rates - EURO EUR 2.50% Bank Rates - Switzerland CHF 0.50% Bank Rates - Japan JPY 0.30% I think we finally will get the big "tanks" for the dollar. Then life will get even more difficult for Bennie the printer.

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