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Strategies & Market Trends : The coming US dollar crisis
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To: maceng2 who wrote (22822)9/22/2009 5:46:54 AM
From: RockyBalboa1 Recommendation  Read Replies (2) of 71456
 
That could be correct. But as lower product prices are not necessarily passed to the consumers this increases the margins for the distributors and possibly, also producers.

I do not see corresponding price decreases for products sold in Europe but factored in USD or Yuan.

Seems like a common interest to have a very high EUR exchange rate until,... well, the European economies tumble again.

1.48, as I type. I guess the fed has to say something meaningful this week, if they really want to slow the USD demise.
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