SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: flyboy who wrote (53945)1/4/2001 10:36:04 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
Look, the dollar has been going straight down since it became clear the Fed would cut rates:

quotewatch.com

Even since the announcement, the dollar has gained little:

quotewatch.com

Also, look at the FULL comments you posted:

<The surge in US equities, which followed the Fed decision, helped the dollar up, as did "general corrective forces following its sizeable declines since late November," >

Corrective forces and the hope of a better economy ahead is what is helping the dollar according to your source...

Time will tell, but I think you'll see quite a decline in the dollar over the next year with further rate cuts.

DAK



To: flyboy who wrote (53945)1/4/2001 10:52:51 AM
From: Lucretius  Respond to of 436258
 
that's moronic...