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Old 03-16-2009, 12:29 PM   #1
pornguy
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If the Stock Market in the US is going up WHY is the exchange dropping?

If the does the stock market adversely effect the currency exchange??

I dont under stand. while the market was at 6k The exchange for us was 1:15.4 now the market is back up and we are at 1:14.2
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Old 03-16-2009, 12:43 PM   #2
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No one??? Man and everyone here has an opinion.
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Old 03-16-2009, 12:56 PM   #3
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When the markets are rocky, investors turn to currency for a safer haven. When the markets pick up, they pull out of currencies and reinvest in the markets causing the currency to go down.
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Old 03-16-2009, 01:52 PM   #4
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Quote:
Originally Posted by duff View Post
When the markets are rocky, investors turn to currency for a safer haven. When the markets pick up, they pull out of currencies and reinvest in the markets causing the currency to go down.

Commodities is the next thing to go up, or so they say.
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