I fund for August 08

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I'll toss 2 cents into this discuss.
My understanding was the the weak dollar was good for the US (for past months) in helping helping maintain our export numbers. Now that its strengthening, we might see our export numbers retreat (especially as overseas is inflating ...this weakening their consumer)
Of course, the weak dollar was at same time, the cause for much of our country's problematic commodities bubbles (most hurtful was our oil/gas pices).

Point is, our U.S. exports have been critical, so, we still may see th U.S. dollar pullback some, short-term, -but, I hope this will be only sufficient, that our dollar can continue up again regaining its strength at a stable area.
Then going forward, with time, hoping we see even more continuing gradual improvement, giving us back our strong dollar, as the rest of the world consumers get their currencies under control as well.
- All the while, hope the old "bubble" baggage is left in the dust.
VR ;)
 
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My two cents. What is the big head line in the news? Auction rate securities that were frozen and now have to be bought from the investors by the bank and the bank has to pay a hefty fine. A few State imposed fine and more to come. That means less capital for the banks, again. They will need to raise capital and the overseas investors are the prime candidates with a weak dollar. So I think this rally is bull crap because the weaker the dollar is, the easier it is to get a foreign investor to invest in a risky proposition.

The banks NEED more capital from abroad, because no one in the U.S. is stepping up except the taxpayer.
 
I'll toss 2 cents into this discuss.
My understanding was the the weak dollar was good for the US (for past months) in helping helping maintain our export numbers.
VR ;)

A weak dollar is like telling somebody that you will break their hand with your jaw.

A strong dollar is better for the USA.
 

Euro reverses ground, re-takes $1.50
By Steve Goldstein
Last update: 4:40 a.m. EDT Aug. 11, 2008
LONDON (MarketWatch) -- The euro reversed ground in European action, rising 0.5% to $1.5074 after the steep losses over the previous week. The British pound and the Japanese yen also were higher but well below levels seen on Thursday
Go I Fund!
 
EAFE estimate up +$0.1802
minus FV Monday (previous) of -$0.1512 = +$0.0290


INO web site for dollar info still not working, used CNBC

dollar up 0.3% = 76.07
 
EAFE final up +$0.2592
minus FV Monday (previous) of -$0.1512 = +$0.1080

dollar up 0.49% = 76.22
 
EAFE final up +$0.2592
minus FV Monday (previous) of -$0.1512 = +$0.1080
minus mystery money or rounding down of -$0.0073 = +$0.1007 final :)
 
EAFE estimate down -$0.1648
plus FV Tuesday (previous) of +$0.0000 = -$0.1648

dollar up 0.19% = 76.27
 
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