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How long will U.S. Dollar Rally Last?

George1026 Wrote: Jul 13, 2012 8:19 AM
It seems to me that the Federal Reserve has no choice but to continue printing money with which to pay the bills of the effectively bankrupt federal government. Over the longer term, the dollar will continue to suffer inflation and decline in value. The dollar appears strong now, but only because the Euro is so weak.

Earlier in the week, the U.S. Federal Reserve gave the dollar a boost when its FOMC minutes indicated to market participants that is was not planning to implement any additional stimulus to boost the U.S. economy. This provided traders with confirmation that every major central bank was easing with the exception of the U.S. Federal Reserve.

Equity and commodity markets had been trading close to their near-term highs in anticipation of better news, but once the minutes were released, investors were encouraged to lighten up on their long positions in higher risk equities and commodities.

Since the Fed meets on...

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