11.03.2015 - Dollar rally has long way to go
The dollar is flexing its muscles on the prospect of higher U.S. interest rates, and it may be only half way through a dramatic move that is jarring global currency, bond, commodity and stock markets. The dollar index touched a new 12-year high Tuesday, and is now up 3.3 percent for the month of March. The yen slid against the greenback and the euro waffled, edging closer to parity at $1.07 against the dollar. Emerging market currencies also sold off, with the Mexican peso plumbing a new all-time low...............................................Full Article: Source
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