Finance, Forex and Investments

If the European central bank decides to contract the money supply to fight inflation..?

If the European central bank decides to contract the money supply to fight inflation, what will happen to the value of the U.S dollar?

Public Comments

1. I think it will definitely depreciate regardless of how the US. Fed chief Ben "Bubbles" Bernanke defends it. http://www.safehaven.com/article/18639/will-the-us-treasury-defend-the-us-dollar