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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: The Wharf who wrote (22190)12/16/2004 3:42:44 PM
From: sea_urchin  Read Replies (1) | Respond to of 81267
 
Darleen > Aids the Euro transactions for US that is for sure. Reduce import costs etc etc. It however considering both Asia's labor rate and growth it limits our competitive ability.

Sure, but I don't think that's the reason for USD going up now. IMO, it's just the technical position of being oversold and shorted by every Tom, Dick and Harry.

Seems almost frivolous to say it, but gambling on the forex market determines every nation's balance of trade.