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Old Sep 20, 2007 | 08:16 AM
  #11  
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shirley
CBOTY 2010
 
Joined: Nov 2004
Posts: 34,786
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From: MI
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the reason the USD is dropping right now, as in today, is because of the interest rate cut the federal govt just implemented. investors are shying away from the USD because they make less. The reason the euro is gaining ground currently is because there are rumors of rate hikes coming so investors are hopping on board hoping to cash in.

its not because they keep printing more and more money. give the US govt a lil credit they arent that stupid
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