Cable again (this time shorter time frame, not full yr) 2/03/91 - 1.9770 (before the Soros outdown in 92) 6/30/91 - 1.6170 - 3600 pips While the loonie move is rather extreme, it is not unique.
The US has a Fed president who stated at a recent Senatorial hearing that inflation was 2%. Typical academic, if it says that in writing then it must be so. How can you have this idiot schoolmaster in charge at a time like this, come to think of it, how can you have the chimp in overall charge?
this is what happens when the Fed. sells its soul to foreigners and whatever mercy they see fit to sell back to us.....
Really tell that to the Japs you idiot. So many people on here have been in the markets 2 mins read a couple of cool sounding anecdotes and pass them off as their own without having a clue. A weak and weakening dollar can only hurt the US as it is an indicator of poor monetary and economic policy. How would you feel if you keep getting less for what you create?
agree. thats what they should be teaching them, it seems the school system doesn't want to touch on those areas.
exactly, why do you think we pay taxes, so schools can distant our children from reality as much as possible, wouldn't you love your son to live in this constantly happy world, wher der 'z no need 2 komper diz w3ird nums called kerencees
china sucks USA should impose huge import duties on china dont let them send their worthless trinkets here ipods and other junk..... let them sell their dollar debt. At the end of it all, the USA manufacturers will kick ass once again when the dollar has halved in value