Dollar jumps internationally and locally and the euro falls

[yota691]

Dollar jumps internationally and locally and the euro falls





 BAGHDAD - Iraq Press - March 7 / March: After rising dollar exchange rates locally against the Iraqi dinar even arrived 125-127 for many reasons, including the blockbuster traders to buy it in abundance, as well as the abolition of the central bank auction and turn it into the private banks, the US dollar climbed to the highest level In his 11-year low against a basket of major currencies after receiving information that the Council of the US Federal Reserve in the process of raising interest rates as soon than expected.
  
 In contrast, the euro has fallen to below $ 1.09 for the first time since September of 2003, and recorded in the latest deal to $ 1.0862, down 1.50 per cent from the previous day's close, while the  pound fell against the dollar and one per cent record in the latest deal by $ 1.50. Admiral ended 
 

[sandfly]

THANKS

[Big_J]

GM YOTA and DV

[AJC]

TY Yota !!!!

[MillieChatham]

Very interesting. A strong dollar but it still doesn't buy as much as it used to!

[pontiyak]

The US dollar is WAY overvalued. It is being artificially propped up, because the US Gov. cannot allow it to appear that the US economy is failing or

that the US control over world wide affairs is slipping through their fingers..

 

The administration and the bankster didn't learn CHIT from 2008....

 

The arrogance will lead to a worldwide financial meltdown, next time.

 

 

Idiots.

yak

[bjb]

The US dollar is WAY overvalued. It is being artificially propped up, because the US Gov. cannot allow it to appear that the US economy is failing or

that the US control over world wide affairs is slipping through their fingers..

The administration and the bankster didn't learn CHIT from 2008....

The arrogance will lead to a worldwide financial meltdown, next time.

Idiots.

yak

[TrinityeXchange]

The US dollar is WAY overvalued. It is being artificially propped up, because the US Gov. cannot allow it to appear that the US economy is failing or

that the US control over world wide affairs is slipping through their fingers..

 

The administration and the bankster didn't learn CHIT from 2008....

 

The arrogance will lead to a worldwide financial meltdown, next time.

 

 

Idiots.

yak

i respectfully disagree yak.  i believe the US dollar is losing a severe currency war especially between countries like Japan and China.  The Fed has been trying to devalue the dollar to keep exports competitive through its quantitative easing program but they are losing badly as the dollar continues to appreciate in value.  This makes US exports more expensive, imports cheaper and the purchasing power of the citizen stronger.  The corporations lose, the citizen wins and the Fed must find other methods to cheapen the dollar.  

 

stay tuned, this war is no where near over but enjoy the purchasing power while you have it.....

[Saintsfan]

Thanks TX ,as i was reading the post and yaks statement, I remembered the thread where you posted the 2 links on whats really going on.I think it would be helpful to some, if you posted it on this thread,as it was very helpful to me and alot of us other Dvetters. Thanks for always making the news a real reality and easy to understand. Thanks Yota for bringing the news.

[TrinityeXchange]

thanks Saintsfan, good idea.

 

here is a good read on the subject.