Quote:
Originally Posted by Barry-xlovecam
Considering the downward valuation of the Euro in the past 30 days ... maybe someone took his advice then offed him ...
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You're either with us or against us.
You're a fool if you think the Euro has fallen in the last 30 days - most currencies fell against the USD during the same period. It's the USD strengthening massively due to the FEDs comments about the possibility of a rate rise in 2015. Then the FED backed off with a more dovish tone (and some FED guy talking about the possibility of QE4) because a dollar too strong is bad for the US economy and the dollar has since retreated.
However, that's just a day to day thing and has no bearing on the longer term importance for the USD of the petrodollar whose very existence is now being threatened by Russia, China, India and Europe. Make no mistake, after crimea, snowden, all the hacking going down Russia is public enemy number one for the USA. Anyone seen to be assisting them is also public enemy number one.