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I'll believe Paulson when he actually does something to support the dollar, he's being saying he supports a strong dollar ever since he came into office. Berneke has been lowering interest rates, which causes the dollar to get weaker - though I do understand what he was trying to do. If there actually is some movement by Paulson or Beneke (and/or others in the Administration) and the G7 to reach this goal, then it would be easier to see what the effects on C and I would be, depending on the policy.With Bernanke, Paulson, and perhaps the G7 nations talking about supporting a strong dollar as the reserve currency standard, can someone analize whether the I fund is a better choice than the C fund if a bounce is to be played?
EAFE estimate down -$0.12
plus FV Wednesday (previous) of +$0.13= +$0.01
I think its a sideways day for the I fund today....Which means we'll probably get an FV tonight:suspicious: