US Dollar Crushed On Non Farm Payrolls Release

[ReiAyanami]

http://biz.yahoo.com/fxcm/0412...102104125_24922_1.html

the scary part is the economy is doing reasonably good yet our federal deficit remains at a record $426 billion on top of $600 billion trade

surely intel's bEst qUarter EVAR announcement should have triggered a rebound in the dollar just a little but i guess not

 

[ReiAyanami]

so feasibly warren buffett has made $2-4 billion in the last two months alone on currency conversion, glad he got his tax breaks

 

[GoPackGo]

Originally posted by: ReiAyanami
so feasibly warren buffett has made $2-4 billion in the last two months alone on currency conversion, glad he got his tax breaks

the dollar needs to go down further
and further
and further

it truly is better for us in the long run!

 

[Genx87]

Our deficit is only a record in terms of raw dollars. In terms of % of GDP is is pretty low. In fact I think it is lower than most of the years under Clinton minus the surplus years.

Since Bush has been in office the GDP has grown 17%.