FlyerTalk Forums - View Single Post - Has the CDN dollar been affecting you?
Thread: Has the CDN dollar been affecting you?
View Single Post
Old Oct 18, 2004 | 4:29 pm
  #88  
YVR Cockroach
FlyerTalk Evangelist
10 Countries Visited
20 Countries Visited
 
Join Date: Nov 1999
Programs: FB PLT again afater a decade as plebian
Posts: 22,944
Seems a HSBC (Hong Kong & Shanghai Banking Corp.) currency analyst believe that the USD is headed down for 2 structural reasons: fiscal and balance f trade deficits. Interest rate cycle theory is supposedly in the wane.

http://news.ft.com/cms/s/7b5d42d2-20...00e2511c8.html
YVR Cockroach is offline  
Reply