Probably 25 basis points. Whenever, US interest rates go down, the dollar weakens. This is because it is less attractive to hold dollars when you are only getting a return of 1.75%. So yes, the dollar will weaken. For long term returns, I would say buy a nice house in the US or buy a balanced mutual fund or a variety of ETFs (exchange traded funds.)
Just call me Tigasin. That's what I'm talking about
Probably 25 basis points. Whenever, US interest rates go down, the dollar weakens. This is because it is less attractive to hold dollars when you are only getting a return of 1.75%. So yes, the dollar will weaken. For long term returns, I would say buy a nice house in the US or buy a balanced mutual fund or a variety of ETFs (exchange traded funds.)
Just call me Tigasin. That's what I'm talking about