Forget about theory of stronger dollar..any theory about stronger dollar must be supported..show me the money...CAD is flying, run baby run....
The World Needs A Stronger Dollar
By this weeks’ end, the Federal Reserve’s $600 billion quantitative easing program will draw to a close. Successful or not, it’s likely that another round of QE won’t be repeated, at least if you can believe the recent rhetoric of Fed Chairman Ben Bernanke. And that, ultimately, will be good news, not just for the U.S. Dollar but for the global marketplace. Let’s examine what could happen if a QE3 were on the horizon, which some still see as a possibility given the overall softness in the U.S. economy and the persistently high unemployment rate. First, global inflation will continue to rise, and that will ... (full story)