Thread: USD - Euro
View Single Post
  #5  
Old 11-23-2007, 04:55 PM
mmctrab mmctrab is offline
Senior Member
 
Join Date: Sep 2006
Location: Steeler country
Posts: 478
Default Re: USD - Euro

[ QUOTE ]
The dollar being at an all time low is hurting a lot of other nations such as the European Union. Their high Euro is having negative impacts on their economy. So I would imagine that the dollar will NOT drop for the next couple years compared to the Euro.

[/ QUOTE ]

Unless you think the EU is going to start aggressively cutting interest rates, or the Fed is going to start raising rates I'd say the chances of the dollar falling farther are quite good especially if the economy here keeps weakening and other countries start diversifying out of dollars.
Reply With Quote