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Originally Posted by Reformed_Quint
Oh, probably not the thread for it, but doesn't deserve its own.
Anyone care to explain to me: America is doing shit, massive losses etc. empty housing, doom and gloom etc. Why the fuck is our dollar so weak against theres? Since from what i can understand we aren't as ecomomically stuffed as they are.
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I think it comes down to Americans not wanting to buy our & invest in our dollar. No demand, low price.
I believe the 55-60cent mark is probably the benchmark for where our dollar should be.