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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: skinowski who wrote (63904)1/17/2003 8:32:34 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
The dollar cuts a few ways with stocks.

Lower dollar means higher export performance and greater demand for domestic production.

Lower dollar means higher import costs for industry.

Falling dollar is a negative for foreign investors, though a low dollar eventually would make investment in the US more attractive again.

On the other hand I don't see the USD rising strongly any time soon.