$$$ vs €€€

[Hung]

Can someone tell me when the dollar is going up? Or is it going to stay this way?
I can't believe it dropped this much in less then 6 months. Now I have to play more poker to make enough €€€....

thx,
Hung

[brad]

imf and treasury both say dollar still going down

[adios]

The Austrailian central bank raised their short term rates today. Aussie dollar rallying because of it. Rumor is that Great Britain will do this as well. The talk that I here is that the Fed is on hold until mid 2005. I think the Fed may raise rates in early 2004 although I don't think is being discounted by the markets.

[AceHigh]

[ QUOTE ]
I think the Fed may raise rates in early 2004

[/ QUOTE ]

2004 is an election year and because of that the Fed will be more reluctant to mess with the rates.