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US dollar’s Busted Bull Run Has Doomsayers Calling End of an Era
It just may have been the week that broke the dollar. The greenback’s worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world’s primary reserve currency. If they’re right, there will be far-reaching consequences for global economies and financial markets. The US currency is teetering at the lowest level in more than a year after signs of cooling inflation bolstered bets that the Federal Reserve will soon stop hiking interest rates. Dollar bears are looking even further ahead, to what they say are inevitable rate cuts, something the market ... (full story)
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- Zebi
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trade like the 5% contrarians not the 95% losers
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Compulsions can be hard to resist
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