Micro economically, the same happens as interest rates go up. As interest rates go up, the demand at that price drops, which means that supply has to lower the

Micro economically, the same happens as interest rates go up. As interest rates go up, the demand at that price drops, which means that supply has to lower the price to keep a liquid market. If you're in the currency manipulation / house flipping game, you ideally want to buy when interest rates are high and sell when interest rates are low.