The U.S. Dollar can fall rather substantially from here. The last time the Dollar Index fell, it bottomed out around 70. So, I think this time it might fall as low as 60 before anybody really gets nervous.
May 5, 2017
May 4, 2017
The Bullish Case For The Euro Currency
I think the European Central Bank (ECB) is going to move to a tightening rhetoric, to a tightening bias and they may even start to raise interest rates given how quickly the inflation rate is accelarating in Europe!
May 2, 2017
Monetary Policy: Fed Will Ease, ECB May Tighten!
The U.S. Economy (GDP) is breaking down as European inflation is breaking out. The Federal Reserve easing monetary policy and European Central Bank tightening monetary policy is not the policy divergence markets expect! (EuroStoxx 50 Index, Dax Index, CAC 40 Index, SPDR S&P 500 Index ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA))
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