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To: Les H who wrote (201440)10/31/2002 6:52:23 PM
From: orkrious  Respond to of 436258
 
Gold stock outlook should brighten

prudentbear.com



To: Les H who wrote (201440)10/31/2002 11:19:38 PM
From: JRI  Respond to of 436258
 
A friend of mine, who knows a thing or 2 about currencies, was arguing that a Fed rate cut/raises don't necessary correlate with movements the dollar. He didn't have time to explain...

You (or anyone) got an idea about the validity of this claim. I'd think they are-at a minimum-somewhat positively correlated....



To: Les H who wrote (201440)10/31/2002 11:30:46 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
The Fed May Be Getting an Itchy Trigger Finger

businessweek.com

Pimco

pimco.com

lower rates won't alter the movement of manufacturing to the far east, and now some service businesses. they need a lower dollar.