EURO is gaining and the dollars has to come no matter what the pundits predict.?

Question

EURO is gaining and the dollars has to come no matter what the pundits predict.
This is the first time since decades of the USA dollar being strong

Answer 1

And the questions is.........?

Answer 2

The US government, contrary to common speculation knows exactly what is happening to the dollar, and is actually controlling its weakening.

Many Economists know the Bush Administration believe that making the dollar weak will make US goods more saleable, for example, to the EUROzone and UK populations. Their reasons for doing this are that a weaker dollar pushes down the price of US goods to economies with strong currencies, such as Sterling, thereby reducing the short-term impact to the US's manufacturing and industrial sector because of cheaper goods from the rising economies of China and India.

Wall Street has gradually got more jittery over these threats to America's superpower status as the greatest economy on Earth, and the Bush Administration has implemented a short-term policy to deal with a long-term problem. Now doesn't that ring a bell with reference to their foreign policy as well?

Answer 3

You are obviously right. So what to do. For safety reasons, any investment you make has to be dollar denominated or you can become a currency trader which carries even more risk. My solution is to buy sound international companies so that their price will take into consideration currency fluctuations. I have not had 100% success with this. But it is better that nothing.

Answer 4

I don't know what financial paper you are reading.
I suggest you buy a copy of the financial times and read what they say about the state of the American economy and the dollar.

Answer 5

Bush fails

Answer 6

So what is the point you are trying to make