Saturday, March 28, 2015

The Dollar Rally Is Over... For Now

The dollar rally is over... at least for the short term.
 
For the past eight months, the U.S. Dollar Index has been on fire – rallying from a low of 80 last July to a high of more than 100 early last week. That's a remarkable 25% gain for a currency.
 
And up until last week, most folks thought the gains would continue. You couldn't watch the financial networks for more than a few minutes without some talking head commenting on the strength of the dollar. (more)

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