Liberty

5 Reasons Why the U.S. Dollar Will Weaken Further

Simple D - thanks for your comment. Interesting take on Monetary policy as it relates to the possibility of the "Amero" currency. This is an issue that needs to be kept on the radar screen for further scrutiny.

5 Reasons Why the U.S. Dollar Will Weaken Further

"The Fed’s doing a lot right now and they are being extremely aggressive and this would be especially true if they cut interest rates by another 50 to 75bp this month. Imagine the relief for US consumers and businesses if interest rates came back down towards 1.00 percent. " Lien

Of course everything done by the Fed to print more more (i.e. rate cuts) results in greater inflation and hence a weaker dollar, all other things being equal. So, I don't necessarily see as much upward pressure on the dollar in second half. However Lien makes excellent points here that the Fed is stepping in here so agressively to avoid a US recession. Good points Lien, as this is not generally being reflected by the mainstream press.