If the world economy worsens, which seems more likely, then the dollar will surge. Euro, its competitor is sliding, so again, it will benefit dollar. However, if the world economy goes back to normal, then dollar will resume its longterm slide.
Re: Dollar will rise
by Janarddan on Jul 16, 2012 07:23 PM
Just the opposite is true
When (not if) Euro crisis resumes Euro will slide first and then dollar will slide. It is clear that neither Europe nor US has the wherewithal to come out of the crisis.
World is seeing a destruction of the pro-market economies and new world order would emerge in the next two decades.
50-65 looks a arare possiblity to me. more precise guess would be 53-65 or even 68/70 depending upon how india manages to steabalize the investment sentiment. moving below 52 seems rare possibility now.
seems to be quite true, we have US election round the corner if you look at history dollar has always apprciated b4 US elections moreover the dollar bear run has happened for almost 10 years so calling for a end of a medium term cycle according to keynes theory, move over usd/chf,usd/yen and aud/usd have completed 5 wave upmove in the weekly charts in fact the 1st leg of the upmove of the dollar has already ended and 2 being at the point of completion its seems clear in usd/chf the massive big 3 is about to begin
Re: $ Rally
by Zhin Tran on Jul 13, 2012 09:42 PM
Typical analyst conclusion... a broad range covering all bases safe..! not too difficult to analyze that I guess.
