Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Foreign Exchange rates next news topic?
Old 04-13-2007, 09:28 AM   #1
Thinks s/he gets paid by the post
dex's Avatar
 
Join Date: Oct 2003
Posts: 3,847
I don't have a TV to watch the main stream news but my guess that after housing prices; and oil prices exchange rates will be the next big news story.

http://www.fxstreet.com/rates-charts/currency-rates/

Euro - 1.355
Austrilian $ - .835
UK Sterling 1.985

The dollar is likely to fall more if the Fed lowers interest rates. Also, if the major oil producers go to a basket of currencies pricing instead of US$ pricing the dollar will be hurt.

I'm guessing the news stories will be about how people will not travel overseas because of the cost and the increasing cost of imported goods increasing inflation pressures.


__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
dex is offline   Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Low Interest Rates Here To Stay? Donner FIRE and Money 23 02-13-2005 03:02 PM
Foreign Exchange Moves- how do you deal with them? Saver FIRE and Money 18 08-30-2004 04:13 PM


Other Social Knowledge forum communities:
Cooking Forum - Sailing Forum - Early Retirement - Airstream Trailer - Aquarium Forum - Royal Forum - Book Forum - Volkswagen Touareg Forum - Jeep Wrangler Forum - Whitewater Kayaking & Rafting Forum - Fiberglass RV Forum - RV Forum - Truck Conversion - U2 Music Forum
Investing Channel
All times are GMT -6. The time now is 07:45 AM.
Powered by vBadvanced CMPS v3.0.1
Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0