03-07-2003, 11:04 PM
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Too lazy to set a custom title
Industry Role:
Join Date: May 2001
Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am *I* located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :)
Posts: 51,460
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Quote:
Originally posted by FlyingIguana
you obviously don't know why the dollar has dropped. i would be shocked if the exchange rate goes back up to 1.5+. i've seen some saying 1.38 by the end of the year. its based on fundamentals and its not looking good in the states. economy is very sluggish.
will the states raise interest rates if the dollar slips more? i highly doubt it. meanwhile there's more rate hikes expected here.
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*sigh*
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