2007-02-26 11:54:58 · 3 answers · asked by Dan M 2 in Business & Finance ➔ Investing
Possibly. But likely not because the US continues to overspend billions of dollars. The debt is gigantic.
2007-02-26 11:58:20 · answer #1 · answered by WangDangSweetPoontang 4 · 0⤊ 0⤋
Keep in mind that the US Dollar and the Euro are negatively correlated against each other. So when the Us Dollar goes down the Euro goes up and visa versa. If you look at a chart you will notice 2002 and even portions of 2003 the Euro was hitting all time high es against the US Dollar. I think the US Dollar is over purchased right now. The Stock Market continues to break new all time high es, Gold and Oil prices continue to surge, and there is strong indications that the housing sector is still going to be a buyers market for some time to come.
2007-02-26 20:10:46 · answer #2 · answered by Thomas Z 2 · 0⤊ 0⤋
No.
2007-02-26 21:07:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋