DislikedAnd Bernanke knows that devaluing the dollar is the only way to rescue the housing market, since most properties bought during the boom are now worth 1/2 of what is owed on the properties. He needs inflation for that to happen which mean IR are not going up for quite some time. That is why the $$ is increasingly becoming a funding currency.Ignored
The way I see it, and the way I trade, is bad US news = bad US dollar... not bad US news = good US dollar. Thats just stupid.