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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (80595)5/11/2000 8:45:00 PM
From: robnhood  Respond to of 132070
 
<<nother 50 basis points would continue the strength of the dollar against the Euro (undeserved, probably?).
>>

By looking at the chart of the Yankee dollar, I'd say it's already built in-- any less will start a slide.
futures.tradingcharts.com



To: Tommaso who wrote (80595)5/11/2000 9:18:00 PM
From: BGR  Read Replies (3) | Respond to of 132070
 
Of course, that way you kill the domestic economy, and that in turn hurts your currency even more, but that is too much thinking for most on this thread.

The EU needs to lower interest rates, not raise them. I have been saying this in this thread about a year now, all the while EU interest rates went up, the economy never really grew, and the currency plunged.


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