Interesting take in Daily Wealth on why the dollar is about to rally vs. the Euro (scroll to bottom - though the top article is good too).
My opinion - even if the dollar does not rally vs. the Euro, I don't think it has much farther to fall vs. the Euro either. However the dollar does have a ways to drop vs. the Asian currencies in order to restore some sort of balance to the trade balances - those currencies have been artificially depressed for some time.
And don't forget the carry trade currencies - favorite of Jim Rogers right now - the Swiss franc and Japanese yen.
Subscribe to:
Post Comments (Atom)
Most Popular Articles This Month
-
This Thursday, we're co-hosting a free "trading training" webinar with our colleagues at TradingWins.com . Our goal is ...
-
The race is on to acquire gold bullion while the governments of the world unite to print money as fast as they can . But unfortunately all ...
-
The markets presented quite the twist on Thursday, when the much anticipated relief rally got whacked in the face. Despite the hysterics an...
No comments:
Post a Comment