EdgeThailand

3 Things That Could Reverse the Dollar Rally

My advice, for what it is worth, is do the opposite to Kathy Lien and you should make a fortune. Kathy has been telling us for months that the dollar's fortunes are about to improve; unfortunately not so, the recent rally was a short term blip, the long term trend is still down against all major currencies apart from the pound sterling. The pound is about to continue its long-term decline, particularly against the dollar, while the Euro will replace the dollar as the world's reserve currency. Euro short-term government bonds are therefore a good safe-haven for equity investors: wait patiently while the storm blows over.

3 Things That Could Reverse the Dollar Rally

My advice, for what it is worth, is do the opposite to Kathy Lien and you should make a fortune. Kathy has been telling us for months that the dollar's fortunes are about to improve; unfortunately not so, the recent rally was a short term blip, the long term trend is still down against all major currencies apart from the pound sterling. The pound is about to continue its long-term decline, particularly against the dollar, while the Euro will replace the dollar as the world's reserve currency. Euro short-term government bonds are therefore a good safe-haven for equity investors: wait patiently while the storm blows over.