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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: irlon who wrote (282)11/21/2000 1:48:06 PM
From: Chip McVickar  Read Replies (1) | Respond to of 12411
 
>>here in the UK <<

So irlon..., you're in the UK....!

Very Interesting...!

Is your country raising interest rates these days...?
And/Or cutting fuel taxes and social programs...?

It looks like the US Dollar is at the very least loosing it's momentum. futures.tradingcharts.com
Even if the election causes a push higher, the long-term holders will not easily give up their positions. But, it appears that the differential between US and Euro with any substantive slow down in the US$ would narrow. However, there's very little evidence any other currency is strong enough to take the US$'s place.

But, maybe the Pound and your economy will benefit from a weakening dollar, softening any recession.