All The Currencies Are Going Up Against The U.S. Dollar

The irony of all this talk about the strong euro is the Euro (EUR) is not strong, the dollar (USD) is weak. The Euro (EUR) is not going up against the British Pound (GBP), the Euro is not going up against the New Zealand Dollar (NZD). All the currencies are going up against the U.S. dollar (USD), which means the U.S. dollar is dropping, it`s a weak U.S. dollar.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Forex Markets: New Zealand Threatens Markets With QE

In New Zealand there was some worries out of the New Zealand central bank. They threatened to do QE if the New Zealand Dollar (NZD) did not weaken on its own. They`re saying, "We are going to just print NZD if the market does not make them go down."

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.