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S&P 500
5,870.62
(
-1.32%
)
US TECH 100
19,936.80
(
0.37%
)
Dow Jones
43,444.99
(
-0.70%
)
Brent Oil
71.57
(
1.22%
)
Bitcoin
91,800.68
(
2.15%
)
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Lady-baron

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Lady-baron

Re: xanadu90 post# 252738

Saturday, 02/23/2008 3:48:48 AM

Saturday, February 23, 2008 3:48:48 AM

Post# of 648882
GM xanadu90 and thank you for forwarding SL's view on the US/EUR. I agree with him that it seems that the USD has bottomed out, and I do not see the currency getting stronger near term. One reason I can think of is that for the USD to gain strenght, the FED should have to raise interest rates. However the credit crisis and its chronic inflation desease does not give the FED much choice but to keep the rates low.

What is your opinion?

Cheers
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