trw88

Dollar Strength: An Illusion

Rdidculous, the dollar like everything else has a value that is worth exactly what it's worth today. The fact that it fluctuuates and overshoots should surprise no one. Since you are speculating on the future value of the dollar, I'll throw mine in as well. Was it oversold 3 months ago? Likely. Overvalued in 2000? Probably. If you see deflation and the price of commodities continuing to drop due to slack demand and if you see their Cenbtral Banks as well as Europes Banks getting more aggressive with their credit easing, I think it's clear the dollar will continue to strengthen in the near to interemediate term.