The US economy just seems to get better and better; better than robust retail sales, knockout earnings in payrolls and confident consumers raring and ready to spend more and more. Yet, after a rally that stretched all the way from early May, the last few days have been rather mixed for the Dollar, turning its monthly return against peer currencies into a virtual flat line. What might be the reason for that and should it affect your FX strategy? The answer to those questions is our focus for today.
The Growth Gap
If the outlook for the US economy and the US Dollar are so positive, what then could make investors question their Dollar bullish bets? Continue reading "Is The Dollar Overvalued?"