tag:blogger.com,1999:blog-18183714.post1253511134611935433..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: A Temporary Bottom For USDSalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-18183714.post-52388824587400409252008-05-13T16:05:00.000+08:002008-05-13T16:05:00.000+08:00Conventional theory is rate cuts have caused USD t...Conventional theory is rate cuts have caused USD to fall and weaker USD caused commodities especially USD denominated ones to rise <BR/>Someone mentioned an another theory that it's rising commodity prices which caused USD to fall but I forget what the reasoning was. What is your opinion? USD cause higher commodities or vice versa?<BR/><BR/>Also do you think speculators cause soft commodities prices like rice to be higher than it should be if just based on demand & supplyUnknownhttps://www.blogger.com/profile/10784003176014922383noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-49282105951313377972008-05-09T23:55:00.000+08:002008-05-09T23:55:00.000+08:00err, which history is that, ah? In 2000, the dolla...err, which history is that, ah? In 2000, the dollar was 103 on the USD index. It hit a low of 71 just recently and rallied to 73 or therebouts. In 5 years, it's lost 30% of it's value and a bit more if your factor inflation in, which, by the way is also due to the dollar debasement. It has never recovered! Fundamentally, the dollar shows no sign of strengthening. This rally is happening because it's been kicked so badly that people are feeling sorry for it. Raising rates now to strengthen their currency is hogwash and spin. It's not going to happen anytime soon. Raising rates will see their banks go up in smoke one by one. As the Fed is a collection of private banks. They are not going institute policies to snuff themselves out.<BR/>A storm is coming. Protect yourself.Unknownhttps://www.blogger.com/profile/03697395254730195425noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-21129641224173671032008-05-09T16:50:00.000+08:002008-05-09T16:50:00.000+08:00u look at the history of USD, when the news was ba...u look at the history of USD, when the news was bad it firmed.lsbhttps://www.blogger.com/profile/14332169563806986621noreply@blogger.com