Francis Schutte

Dollar Reversal Underway?

I am sorry but this all looks as propaganda to me: a lot of wind and words because the other arrows are finished. Looking at the Dollar/Euro charts, I really don't see any excesses in fluctuations. Fundamentally, with the USA importing huge quantities of oil and other finished products, the balance doesn't really favor the Dollar, even if the currency is cheap. Last but not least, the EU and the Far East have nothing but advantages with a cheap dollar. After all, commodities and oil are still quoted in Dollars!