trw88

Why Has the Dollar Rebounded - And When Will It Correct?

Who is this author? Pretty lean argument. Why is the dollar considered a "safe haven"? Nothing about relative strength of foreign economies, or relative interest rates which favors the USD. For the record, foreign finacial insitutions are in just as bad a condition and their Central banks are playing catch up easing rates and have further to go. For example, Switzerland had a surprise 1% easing just announced. I think the dollar goes higher for the short term.