Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SupplySider

What? Everytime the DX (dollar index) shows weakness, the market goes up.


7 posted on 12/12/2009 7:33:34 AM PST by Freedom4US
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Freedom4US
What? Everytime the DX (dollar index) shows weakness, the market goes up.

I can't claim to know what moves markets, but I read that a weaker dollar makes our exports cheaper to foreigners, thereby boosting the stock prices of export related companies.

11 posted on 12/13/2009 2:17:44 AM PST by SupplySider
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson