I am usually Wrong
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U.S. Dollar Index Components & Swings
We’ve posted a few items about the dollar recently (See this and this). the recent counter-trend strength in the buck is what has roiled commodity markets as well as equities. Today’s NYT has an article that on a possible greenback rally, Some See Rise Ahead for Dollar: “Could the long dollar slide be over? For the better part of the past decade, and particularly in the last few months, the American dollar has been the 98-pound weakling of the foreign exchange world. It has lost value against almost every other global currency — not just the euro, pound and yen but even the Romanian new leu and the Latvian ... (full story)