The price trend for the US dollar since the middle of March has been downward, and it looks like it will continue to fall through the end of the year. World forces point to the dollar continuing to decline in value and recent movements in US money market conditions point to an outflow of funds in the fourth quarter. The only offset might be the Federal Reserve, but it may be limited in what it can do, especially since there is a presidential election going on. Since March, the value of the US dollar has fallen. On March 19, the US Dollar Index peaked at 102.52. On Monday morning, September 14, the index was right … (full story)
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