elwind45

Whither the Dollar? Currency Trends and ETFs

What about intervention? At some level one of two things will happen. The US will lower rates to save exports and/or bank balance sheets or world central banks will sale dollars back to treasury. Has any one noticed KOREA? The U.S. economy is pretty much banking on continued strong exports. With a double negative of slowing world growth and or export growth the strong dollar is history. What are odds of ECB lowing rates to combat falling EURO. Europe has raised interest rates during weak economic periods in past, to combat import price inflation. I would bet on intervention coordinated (the US government is the idiot in this equation! happy trading ( STRONG DOLLAR= TOO MUCH TUBE)