FeliZIHdades desde La Costa Grande

by Padrino ⌂ @, Rosarito/Zihuatanejo, Monday, December 07, 2020, 12:14 (2167 days ago) @ Casa Juan

dollar's slip against the peso also a sign of the weak underpinnings of the USD only surviving now on the still low interest rates which foster more borrowing by the Fed.

Dear CJ,

My apologies as I am a bit confused regarding your post. Are you saying that the low interest rates are making the dollar more or less stronger? The convention wisdom is that normally, all other aspects remaining the same (and they never do), lower interest rates make a currency weaker, not stronger.


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