Dollar Ready to Rally vs. Euro?

Dollar Ready to Rally vs. Euro?

Interesting take in Daily Wealth on why the dollar is about to rally vs. the Euro (scroll to bottom – though the top article is good too).

My opinion – even if the dollar does not rally vs. the Euro, I don’t think it has much farther to fall vs. the Euro either. However the dollar does have a ways to drop vs. the Asian currencies in order to restore some sort of balance to the trade balances – those currencies have been artificially depressed for some time.

And don’t forget the carry trade currencies – favorite of Jim Rogers right now – the Swiss franc and Japanese yen.

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