euro hits 2 yr high vs USD

[gonebroke2]

http://news.yahoo.com/s/afp/20070413...e_070413111511

Looks like the FED is going to be forced to raise interest rates soon to keep the dollar afloat. In the meantime, Gold is going to $800 in 2007.

[NajdorfDefense]

[ QUOTE ]
http://news.yahoo.com/s/afp/20070413...e_070413111511

Looks like the FED is going to be forced to raise interest rates soon to keep the dollar afloat.

[/ QUOTE ]

Um, no.

The real trade-weighted USD [what the Fed follows] is higher than it was during almost the entire Clinton administration.