I gotta call out Steven Weisman on his article saying that the dollar is showing signs of strengthening after a 6 year trend down. I
It’s very basic. The dollar has been heading down for 6 years…It’s been heading up for 2 weeks.
Please wait at least a few months before declaring the trend over? At this point it is likely still a dead cat bounce.*
*No cats were harmed in the preparation of this blog post.