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The dollar is officially scarce again, having risen against all 16 of its major peers since late...

The dollar is officially scarce again, having risen against all 16 of its major peers since late July, putting the dollar index 12% higher than it was when the Fed launched QE in late 2008. New investment guidelines and regulations since the financial crisis leave dollar-denominated securities as one of the few options left as still super-safe.
Comments (13)
  • So Bernanke did know what he was doing....
    29 May 2012, 10:28 AM Reply Like
  • If all the kids in school get Fs & you get a D-, You pat your back on a job well done?
    29 May 2012, 12:47 PM Reply Like
  • Yes if they are grading on the curve.
    Had a applied math teacher in college that didn't believe in "right" answers. All questions was near impossible to answer in an hour with no reference material. He wanted to see your thought process and then graded accordingly. No multiple choice or scalar values as a "right" answer. Hard as hell but diligent students took their C's and D's with pride. Goal was to survive.
    29 May 2012, 02:39 PM Reply Like
  • With a 10 year trading at 1.7% and a 2 yr German Bund trading at 0%...passing is everything...
    29 May 2012, 03:25 PM Reply Like
  • Well, after the other CB's did even more QE, they beat BB at his own game - money printing. It is about time he comes back with another trillion or so of MBS or notional GDP targeting.
    29 May 2012, 10:40 AM Reply Like
  • Are you sure the other CBs beat BB cause it's looking more and more like BB beat the other CBs...
    29 May 2012, 12:16 PM Reply Like
  • Funny headline.
    $ is higher because € cratered.
    So $ is now higher than before any number of things that happened between 2008 and now.
    29 May 2012, 10:57 AM Reply Like
  • Yes, and why did the Euro crater? Magic? Or policy?
    29 May 2012, 12:15 PM Reply Like
  • NO, NO, NO! UUP to tank. Here is this week's cycle chart I sent to subscribers:
    http://bit.ly/K8MCEe
    29 May 2012, 12:34 PM Reply Like
  • Beggar thy neighbor, the great equalizer, is in play - watch out.
    29 May 2012, 12:39 PM Reply Like
  • With some serious global currency disasters looming, this is just a forex hedge. Don't expect any long term momentum to the upside for the dollar.
    29 May 2012, 02:05 PM Reply Like
  • Bernanke for President.

     

    If it was possible the ECB would have head hunted him into their shop.

     

    E
    29 May 2012, 09:49 PM Reply Like
  • What bears watching is whether the many previous months of inverse linkage between the dollar and stock market indices separates. It will be happy news for markets, if so.
    29 May 2012, 09:55 PM Reply Like
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