Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: maceng2 who wrote (201031)	10/30/2002 7:07:57 AM
From: zonder	Read Replies (1) \| Respond to of 436258

Expected cut in US Int. Rates & Potential effects on USD Would anyone care to express views on how a further cut in interest rates will effect the currency? I admit to having a less than impressive understanding of macroeconomics, but it seems to me like USD/EUR should weaken in the event of a further rate cut in the US, especially if the European Central Bank continues to insist on not cutting their rates. There was an article in IHT today titled "Fed may force ECB's hand on rates" iht.com I also spoke to a chart-hugger currency trader friend, who said something along the lines of "We are currently in the 4th wave, and if we enter the 5th wave, we could go to 1.05 in EUR/USD parity in 6-9 months."