Comments | slamlander: ECON: The slide continues

slamlander

ECON: The slide continues

Sep 12, 2007 11:32

These are the numbers from five days ago.

EUR\USD: 00.727
GBP\USD: 00.494
CHF\USD: 01.187
CAD\USD: 01.057

Yes, these are all downward trending values, meaning that the dollar's value is falling across this board. New numbers are now due to expectations that the Federal Reserve will have to drop rates by at least 25 basis points (0.25% - 1 basis ( Read more... )

us, globalization, jobs, econ

Comments 3

cynicalryan September 12 2007, 13:49:42 UTC

2 data points do not make a trend ( ... )

slamlander September 12 2007, 14:22:13 UTC

You're correct, were it only two. However, this is a part of a continuous trend that has been happening since 2005. I only published two as a simple reference, to illustrate my point ( ... )

cynicalryan September 12 2007, 14:54:56 UTC

I think that the analysts and regulators disagree within their peer groups is a rather good sign ( ... )