U.S. Dollar Shaking Off Risk Aversion [View article]
Just because Europe is weakening fast doesn't mean the Euro will. US supply in dollars is escalating not decreasing. Meanwhile more commodity users will use the stronger currencies as payment or a basket of same further weakening the Dollar.
Please consider, with Oil down about $24 or say 17%, why is the Dollar struggling at 73?
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Just because Europe is weakening fast doesn't mean the Euro will. US supply in dollars is escalating not decreasing. Meanwhile more commodity users will use the stronger currencies as payment or a basket of same further weakening the Dollar.
Jul 26 10:13 am
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All Comments by NOWHEREMAN »U.S. Dollar Shaking Off Risk Aversion [View article]
Please consider, with Oil down about $24 or say 17%, why is the Dollar struggling at 73?