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Myst	08-20-2007 12:32 AM

With the US govt cutting interest rates.. what will that do the the dollar?

Will it rise or fall?

BOSS1

08-20-2007 01:08 AM

rise because people will invest in america... its all theoretical ofcorse

flashfire

08-20-2007 01:11 AM

rise I hope...it should shouldnt it?

After Shock Media

08-20-2007 01:12 AM

Fuck if I care but if they do its great cause im about to apply for a new property purchase this week.

Myst	08-20-2007 01:26 AM

see I assumed that since interest rates go higher, countries will invest in america since they are getting more return.

so if interest rates get cut.. dollar should drop right?

teomaxxx

08-20-2007 01:46 AM

Quote:

Originally Posted by Myst (Post 12957416)

see I assumed that since interest rates go higher, countries will invest in america since they are getting more return.

so if interest rates get cut.. dollar should drop right?

yes, you are right. now, when almost all biggest countries in the world are raising interest rates, there are possibilities to invest in safer instruments with similar or higher yields then in USA.

directfiesta

08-20-2007 06:40 AM

Quote:

Originally Posted by BOSS1 (Post 12957356)

rise because people will invest in america... its all theoretical ofcorse

stay in school :2 cents: :1orglaugh:1orglaugh

GAMEFINEST

08-20-2007 06:43 AM

I shall find out

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