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Where will the US dollar go now?

Posted on 13 March 2013

The beleaguered US dollar, long forlorn of any vestige of hope by the fiscal and monetary policy-induced abasement characteristic of the last 11 years, is enjoying its strongest multi-week rally since May 2012. Yes, you heard me right: There is currently US dollar strength.
Is this a safe haven play (Credit: “Er, yes?”; Equities: “Of course not!”)? Is the US dollar (USD) stronger on an absolute basis, or is the greenback merely “less bad,” evincing relative strength versus the comparatively miserable constituent contra-currencies comprising the USD Index?……………………………………….Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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