US$ dropped to 2-yr low vs Euro

Quote from ByLoSellHi:

Here's what I don't get:

Why isn't it depreciating versus the yen?

If there isn't currency manipulation on a massive level in Japan, then I'll pay you 100 yen right now.

true - this is a bit confusing. But effectively what the fed is saying is that if there is any problem they are ready to helicopter in. That takes complacency back into the market making carry trade attractive again. imho
 
Quote from itotrader:


a weak dollar will make every american corp a very competitive machine.. that's bring big jobs, big money and big tax revenue

That has been preached for 5 years, yet the opposite has been happening. All while the USD was taking a plunge and hitting lows. In fact, state treasuries are really hurting due to the endless offshoring and loss of jobs. They are borderline bankrupt.

And he meant Bretton Woods Agreements, I hope.
 
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