The Greenback is set for a nice rebound. Trying to find a dollar bull is more difficult than finding a oil/gold bear. Tides turn, and I think the tide is turning soon for the dollar. I live in the U.S., so I am already invested in the buck. I base my views on doing the opposite of the crowd.
The chart for the buck is also interesting. I see limited down-side risk and much larger up-side over the short-term. Also, over the next few years the dollar should recoup a good bit of losses and you will once again hear the term "strong dollar" in the head-lines (then you should sell).
I know that the dollar bears are going to rip me with fundamentals and data regarding monetary policy. These same facts/estimates have already been factored into the value of the dollar against other currencies. What matters is whether or not the "facts" will come to fruition as predicted.
The chart for the buck is also interesting. I see limited down-side risk and much larger up-side over the short-term. Also, over the next few years the dollar should recoup a good bit of losses and you will once again hear the term "strong dollar" in the head-lines (then you should sell).
I know that the dollar bears are going to rip me with fundamentals and data regarding monetary policy. These same facts/estimates have already been factored into the value of the dollar against other currencies. What matters is whether or not the "facts" will come to fruition as predicted.
