Aly-Khan Satchu

US Dollar: 5 Reasons It Will Not Hit a New Low

If I might throw in my cents worth. I tend to agree with the Author. I know Bernanke's nickname was 'Helicopter Bernanke'; he proposed a theory that in intractable recessions, monetary policy would be helped by throwing money from the sky!

Having said that, the US real curve is now steepening. This will add some spine to the $. Short term rates currently are subsidising the Banks thats for sure but long term rates are taking cognisance of the more hawkish rhetoric.

Sentiment [as witnessed by the other comments] is so utterly negative that purely on that basis, the elastic is stretched way too far.

Aly-Khan Satchu
rich.co.ke