DislikedQE may be old news, but the monetary easing related to is not. It is ongoing and significant and as long as that remains the case, the US Dollar will suffer (which is the plan, by the way) in relation to currencies that have a higher interest rate attached to them. This makes the US more competitive overseas, impacts US bonds (favorably) and, all in all, gives the US an advantage in the current international economy. Why do you think that there is a concerted effort among some countries to devalue their currency? They see the advantage....Ignored
"It's the Margin, Stupid."