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Obama under fire over falling dollar
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 10/9/2009 7:23:14 AM

By: FT

"The falling US dollar is giving ammunition to the critics of the Obama administration and fuelling broader concerns about the potential erosion of America’s reserve currency status."

Posted: Saturday, August 13, 2011

Posted: 10/11/2009 11:44:32 AM

By: PI Group

You may want to view this...

Posted: Saturday, August 13, 2011

Posted: 10/9/2009 10:14:01 AM

By: knightmare3000

remember that with FOREX or currency trading things occur in cycles. right now the dollar is falling. as a result,US goods become cheaper as does US real estate,companies,etc. so the foreigners shall by a lot of US things. now then as this occurs,it pushes up the dollar eventually. as the cost of the foreign goods becomes too odious for their countrymen to bear or they do not sell their goods,then it shall send the dollar back up until equilibrium is reached. this cycle shall last about 2-5 years.other things like the value of real estate,lending rates,the intrinsic value of the company,etc also play a role. but things occur in cycles


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