News Focus
News Focus
Followers 1
Posts 23
Boards Moderated 0
Alias Born 07/07/2002

Re: Zeev Hed post# 105748

Thursday, 05/08/2003 1:12:14 PM

Thursday, May 08, 2003 1:12:14 PM

Post# of 704041
Zeev,

I think you foresee getting to 1.18 EURO to USD. Do you see that level as the absolute bottom for the USD decline? What conditions would cause it to deteriorate beyond this level?

Perhaps as soon as early next year, the Feds will raise interest rates. This would alleviate pressure on the USD. A better business environment would help as well.

Gold is responding nicely.

Thanks,

Warren

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today