Feb 3, 2017

Trump Desires a Weaker U.S. Dollar

It is almost like Trump is already adopting a weak U.S. Dollar policy because saying that the Euro currency is too weak is saying that the U.S. Dollar is too strong. If you want the Euro currency to go up then you want the U.S. Dollar to go down. If you wan the Japanese Yen to go up, you want the U.S. Dollar to go down. So, the President wants a weaker U.S. Dollar.

U.S. Dollar: The Worst January in 20 Years!

Everybody on Wall Street started the year long the U.S. Dollar. Well, I just read that this was the worst January for the U.S. Dollar in almost 20 years! And for all the fanfare and hype about Dow 20,000 - I think the Dow Jones Industrials Index (DJIA) was up just half of a percent in the month of January. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ), iShares Russell 2000 Index ETF (IWM))

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