"Buy the buck now, not later," says Thomas Flury of UBS who says the stars are aligned for...


"Buy the buck now, not later," says Thomas Flury of UBS who says the stars are aligned for "short term strength." Among his many reasons are extreme levels of short dollar positions and the possible re-up of a 2004 law that cut taxes for companies repatriating their overseas greenbacks. UUP +0.2%.
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  • Guardian3981
    , contributor
    Comments (2492) | Send Message
     
    My gut lately has been telling me to buy the dollar but I think waiting till end of month is better. If there is no QE3 then we may see a rally in the short term.

     

    But the main risk factor is that inflation will heat up even more and because of housing/unemployment the Fed won't raise interest rates.
    15 Apr 2011, 12:17 PM Reply Like
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