The US dollar is getter stronger, not weaker...

Started Dec 27, 2013 | Discussions thread
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Don_D Forum Pro • Posts: 19,806
The US dollar is getter stronger, not weaker...

From Today's WSJ

"The WSJ Dollar Index, which measures the dollar's value against a basket of currencies, has gained nearly 5% since the start of the year.

Many investors and strategists believe the dollar will move higher next year because the Fed is taking the first steps toward tightening monetary policy while other central banks still are easing. Last week, the Fed said it would begin trimming its $85 billion-a-month bond-buying program in January."

Today's WSJ dollar getting stronger

Several doomsayers on this forum predicted that the dollar would plummet in value when the Fed cut back on buying bonds....  well, just the opposite is happening...

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