tag:blogger.com,1999:blog-12333088.post1219602552503991054..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on June 2, 8:00 am ETCarl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-12333088.post-55110582304455576362008-06-03T10:01:00.000-04:002008-06-03T10:01:00.000-04:00Hi Carl,Good morning,This is the comment which I m...Hi Carl,<BR/><BR/>Good morning,<BR/><BR/>This is the comment which I made regarding some Australia traders.<BR/><BR/>Lower interest rate ~~> Lower USD<BR/><BR/><BR/> Date: Monday, June 02, 2008 1:01:33 AM<BR/><BR/>Maybe they are used to lower USD now. I have a few old Australia trading friends over 5 years. They hated U.S. because they had trading account with USD with US Trading firms, e.g. TS, and USD went down; hence, their value went down. So, they switched back to their currency trading theirs/euro. Beside their trading hours for US markets is day/night staying up all night which they do not like to do.BeautifulWorld.mehttps://www.blogger.com/profile/13819931852200616109noreply@blogger.comtag:blogger.com,1999:blog-12333088.post-36053250677717488102008-06-02T20:23:00.000-04:002008-06-02T20:23:00.000-04:00Hi Carl,I am living in Australia. The interest rat...Hi Carl,<BR/>I am living in Australia. The interest rate here is 8 % and they<BR/>are talking about to increase it even further to keep inflation ( 3-4 %) under control. That is the normal way. In America they reduce the interest rate, but inflation is not going up that much. How can America do the opposite. The real inflation must be far higher then what the goverment says. Alone the energy prices are going much higher because the USD is depreciating against every currency-even the Irak dinar.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12333088.post-37195719111239390752008-06-02T10:10:00.000-04:002008-06-02T10:10:00.000-04:00in the news today crude oil futuresdecline 1.70 se...in the news today crude oil futures<BR/>decline 1.70 sending the dow down 95 points . investors worried about lower crude prices were to blame for todays panic decline in the dow . appearantly the feds cutting of interests rates are doing there job at taming inflation which sent the dollar upwards .<BR/>humor for the day <BR/>joeAnonymousnoreply@blogger.com