Thread: The U.S. dollar is going down the toilet.
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Old 06-13-2006, 03:38 PM  
DTK
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Quote:
Originally Posted by Dagwolf
http://www.x-rates.com/d/CAD/USD/graph120.html

I can't stand it! It's like getting a pay cut every single month. It burns me up every time I go to the bank machine or the store.
Get used to it Dollar's had a nice runup over the last days thanks to that "talk up the dollar" session last week. But shortly people will wake up and remember that the US is very close to the end of a rate increase cycle, while euroland is in the early stages of an increase cycle. The next couple years are going to be really strong for eur/usd.
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