Why does the US dollar remain weak?

BCYL

Diamond Member
Jun 7, 2000
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I mean, the economy seems to be recovering nicely, and interest rates keep raising... however the US dollar remains weak compared to other major currency... what gives?
 

Smaug

Senior member
Jul 16, 2002
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Honest response? Still very low rates especially in long bonds, and a trade + budget deficit.
 

OS

Lifer
Oct 11, 1999
15,581
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Originally posted by: Inappropriate4AT
Do you spend pesos here in the US? Who gives a fvck what's worth what everywhere else.

um, wow.

I guess you get what you pay for when looking for information here.
 

Koenigsegg

Banned
Jun 29, 2005
2,267
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Because of the crackdown on steroids.

And it's not just the dollar, but BONDS IS WEAKER TOO.
 

Koenigsegg

Banned
Jun 29, 2005
2,267
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Originally posted by: OS
Originally posted by: Inappropriate4AT
Do you spend pesos here in the US? Who gives a fvck what's worth what everywhere else.

um, wow.

I guess you get what you pay for when looking for information here.

Especially in the late hours of the night, you can't expect serious responses..
 

Smaug

Senior member
Jul 16, 2002
276
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0
Originally posted by: Koenigsegg
Because of the crackdown on steroids.

And it's not just the dollar, but BONDS IS WEAKER TOO.

Lower Bond rates affect the value of the dollar not generally the other way around.
 

Koenigsegg

Banned
Jun 29, 2005
2,267
1
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Originally posted by: Smaug
Originally posted by: Koenigsegg
Because of the crackdown on steroids.

And it's not just the dollar, but BONDS IS WEAKER TOO.

Lower Bond rates affect the value of the dollar not generally the other way around.

I repeat, BONDS IS WEAKER TOO!
 

suse920

Diamond Member
Feb 7, 2005
6,889
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Originally posted by: Smaug
Originally posted by: Koenigsegg
Because of the crackdown on steroids.

And it's not just the dollar, but BONDS IS WEAKER TOO.

Lower Bond rates affect the value of the dollar not generally the other way around.

i think you missed somthing there
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Originally posted by: OS
twin deficits

BINGO.

Also, I sorta think that a current administration likes the weak dollar (helps oil buddies as OPEC oil is pegged to the US dollar and they raise the price to reflect the weak dollar - not really supply and demand).
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Originally posted by: Jamie571
It's not all bad, the manufacturing sector is really benefitting from it.


Yep, shipping jobs offshore at a breakneck pace (4 million jobs lost in the last 4 years).

Another 4,000 plus jobs in manufacturing lost in July (58,000 for the year) with no end in sight.
 

Chompman

Banned
Mar 14, 2003
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It's because you post this crap in the wrong forum.

I know you are scared of the Politics and News forum but we all are. :p
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Originally posted by: Chompman
It's because you post this crap in the wrong forum.

I know you are scared of the Politics and News forum but we all are. :p

You are but the learner, but one day you'll be the master! :Q
 

Chompman

Banned
Mar 14, 2003
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Originally posted by: Engineer
Originally posted by: Chompman
It's because you post this crap in the wrong forum.

I know you are scared of the Politics and News forum but we all are. :p

You are but the learner, but one day you'll be the master! :Q

But the way of P&N leads to the dark side. ;)
 

shilala

Lifer
Oct 5, 2004
11,437
1
76
Originally posted by: OS
Originally posted by: Inappropriate4AT
Do you spend pesos here in the US? Who gives a fvck what's worth what everywhere else.

um, wow.

I guess you get what you pay for when looking for information here.
Go fishin in the toilet and you're gonna catch turds. ;)

 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
Originally posted by: shilala
Originally posted by: OS
Originally posted by: Inappropriate4AT
Do you spend pesos here in the US? Who gives a fvck what's worth what everywhere else.

um, wow.

I guess you get what you pay for when looking for information here.
Go fishin in the toilet and you're gonna catch turds. ;)


QFT!!!!
 

OS

Lifer
Oct 11, 1999
15,581
1
76
Originally posted by: Engineer
Originally posted by: OS
twin deficits

BINGO.

Also, I sorta think that a current administration likes the weak dollar (helps oil buddies as OPEC oil is pegged to the US dollar and they raise the price to reflect the weak dollar - not really supply and demand).

It also works to the administration's benefit in that devaluation in the dollar reduces the real size of the federal debt as they pay it back.