Sunday, December 4, 2011

What is the future outlook of the USD currency?

With the USD sinking to new lows on a regular basis, what can we expect for the greenback? Will it continue to go on this trend or make a comeback? Also will a new president in office change things for the currency? What is likely to happen?|||The reasons the dollar is going south are twofold, IMO: the FED has started to lower interest rates and our HUGE deficits. So we're in for some more sliding, at the minimum until the European central bank starts lowering their interest rates too. That is not likely to happen anytime soon, as inflation is picking up in Europe.





The most important factors necessary for a stronger dollar are low inflation, an open economy, reasonable regulations and low tax and interest rates.

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