US dollar is finding some form of bottom at 76, on the USD index that you have graphed. In 2.5 years, it has dropped from 90 to current levels. One would think that it must be putting extreme pressures on industry in Europe, hence a weakening their economy and causing eventual interest rate cuts. The interest rates cuts would presumably weaken the EU and stimulate consumer growth. So, does this support the idea that the dollar is making a bottom, which may last for a few years? thoughts?
Friday Outlook: Two-Way Volatility Continues [View article]
So, does this support the idea that the dollar is making a bottom, which may last for a few years? thoughts?