Showing posts with label Forex Industry. Show all posts
Showing posts with label Forex Industry. Show all posts

Friday, February 1, 2008

US Dollar Outlook

Hi Traders

As for the US Dollar we are still heading for further decline.

- Lower interest rates means weaker currency

- Economy falling into recession means weaker currency

- Unresolved war issues in Iraq, Iran and now possibly Pakistan means weaker currency

- Federal deficits and money printing mean weaker currency

- Uncertainty of potential President means weaker currency

See for yourself the Falling Dollar since 2002 in this chart study.

Regards
Forex.DelijaWorld