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| 07:04PM | Heinz gains, Hormel hurts on high costs in quarter AP |
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Featured Question
- Question: What would influence the American Dollar getting stronger day by day?
- Answer: Currencies move for the same reason anything traded in a market moves, supply and demand. While there is some trade demand behind the buying a selling of dollars (more selling than buying while America runs a large current account deficit), the vast majority of trading in the dollar is by financial institutions and speculators. They are taking positions based on the relative outlook for the U.S. economy against that of the economy whose currency is on the other side of the trade. Factors that will influence that include relative interest rates, GDP growth, inflation rates, trade and capital flows and other macroeconomic and geopolitical news.
We've suffered years of disappointment and we have more pride than ever. We hired the best man for the job...apparently Forbes agrees with us.
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