Forum Archive Index - September 2001
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Re: [sharechat] US Dollar
Brian
Our corelation with a very weak Australian Dollar
Malcolm Cameron
>From: "Brian & Fiona Brakenridge" <pohuenui.island@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] US Dollar
>Date: Wed, 19 Sep 2001 09:10:50 +1200
>
>Hi:
>
>An open question to anyone who has an interest in foreign currencies.
>
>I would have thought that if anything was going to significantly devalue
>the US$ it would have been the recent bad economic news coming out of the
>US followed by the terrorist attacks in New York and Washington. I'm
>wondering why this hasn't happened. I'm in particular wondering why infact
>the Kiwi$ has dropped against the US. Many commentators have been
>predicting significant strengthening in the Kiwi. Does this indicate an
>underlying strength in the US$? What are the issues?
>
>Others thoughts would be appreciated.
>
>Cheers
>Brian
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