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The latest development in the currency market has put the USD at/approaching multi-year lows against a set of currencies. Against Euro, the USD scored another all-time-low at 1.2239, against British pound, it approached 1.7366, October 1998's peak of GBP/USD, recorded 1.7361 as the latest...

Hello Rezo, It seems that there are not much interest on the FX section. I kinda feel lonely out here. Reminds me to another place where lots of people talk about FX. Anyway, this week seems to be still a gloomy one for USD. After closing the week near the top of last week's range, any...

This week (9th December 2003), the FOMC will meet. While widely expected to still hold the rates at 1.00%, the Fed's stance towards the future will be widely awaited. With the RBA and BoE already start a monetary tightening cycle, it's the Fed's turn now whether to keep their previous...

Uhmm.. Perhaps they forgot to add something else: the US dollar crashed and burned. :p

Boy o' boy I just left this thread for a day and look what I see. Tons of replies. I think there's no use discussing this anymore. Between atheists and religious people it would be like convincing the atheists that God exists, and on the other hand it would be like convincing the...

Vak, The rise and fall in currencies are not always driven by one currency. True that recent move has been more likely USD-driven. However, at times, there are more than one market driver. Perhaps USD and GBP, perhaps USD and EUR, perhaps EUR and JPY. It's really complicated to hold the...

Even if the Bible told me to kill, I wouldn't do it just because it was written like that. Cheers!

Rearden, Actually, i'm not going to say the 'who the hell are you, some kinda expert' stuff. I don't even care if you're an expert or not. :) Well, all I can say, fortunately, not all the students follow the path of the teacher. And, not all teachers are good, too. Sometimes their...

There's no evil religion, there's no bad religion, either. With or without religion, someone can be as kind as ever, and can be as evil as ever, too. There are good people with religion this, but there are also bad ones. There are good people with religion that, but there are also the...

To everyone, especially Vak, Here's the link to an excellent article regarding US 'selective' 'strong dollar' policy. http://www.atimes.com/atimes/Global_Economy/EH14Dj02.html Cheers!

Vak, You probably a stock trader, not FX trader. If you take a look at recent USD fall, the fall has been broad-based. With USD index fell below 90.00. This, in turn, resulted in rallies in EUR/USD, GBP/USD, AUD/USD, and a dip in USD/CHF with the exception in USD/JPY where the fall, somehow...

Well... We're gonna read the news on papers, and we're gonna watch the news on TV. Cheers!

Well, all I know is how flu affect my life. Firstly, I will need more tissue and/or handkerchief. Secondly, I will need flu drugs, too. Then, I expect to sneeze too frequent, so that I lose concentration on what I'm doing. Consuming flu drugs also made me sleepy, resulting in also loss of...

Doug, Here's my opinion about USD. USD is a dominant currency within the global market. Most transactions (both between countries and global corporations) in the global market are conducted in terms of USD. Most, if not all, countries have most of their reserves allocated in USD...

Stupid is as stupid does -Forrest Gump-

Garfangle, Some people, especially US exporters, and US manufacturers of exported goods, and also US Administration believe that weak dollar is good for US economy. Weak dollar means cheaper US exported goods, and in turn, will create more demand, assuming the purchasing power of those who...