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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (11018)	9/11/2008 6:21:15 PM
From: Rolla Coasta	Respond to of 71484

That's ludicrous. Euro is finished and will be in parity with Japanese Yen sooner or later. The ECB should focus on a new currency before angry crowd knock on its door

To: Killswitch who wrote (11018)	9/11/2008 7:03:30 PM
From: Tommaso	Respond to of 71484

>>>should theoretically knock this USD rally down. IMHO<<< You forget that we live in the Land of Heart's Desire where Ben Bernanke and Hank Paulson wave magic wands and make everything wonderful happen.

To: Killswitch who wrote (11018)	9/12/2008 1:30:39 PM
From: Killswitch	Read Replies (1) \| Respond to of 71484

bloomberg.com "Futures on the Chicago Board of Trade showed a 40 percent chance the Fed will cut its 2 percent target rate for overnight lending between banks by at least a quarter-percentage point by December, compared with 35 percent odds yesterday and no chance a month ago." I guess they will try to hold off until after the election. It will be interesting to see if things worsen fast enough that they have to act sooner than that; if so it would be even more negative I think for the USD.