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July 11, 2006


Nothing Can Save the US Dollar

It’s telling that the US Dollar Index continues to suck wind even as US short rates have risen dramatically. I still believe it’s not a question of ‘if’, but ‘how quickly’ the December 2004 lows are tested in the US Dollar Index.

dx & irx WEEKLY

Related: Inflate, Devalue, Tax

Also read Paul van Eeden’s article from last March: Why rising interest rates won’t save the US dollar

This entry was posted on Tuesday, July 11th, 2006 at 7:55 pm (utc+8) and is filed under Trading and Investing.

4 Responses to “Nothing Can Save the US Dollar”

  1. one way stox said:
    July 11th, 2006 at 8:02 pm

    do u think the USD$ will follow the yield on the T-bill & reverse to the upside?

  2. C. Maoxian said:
    July 11th, 2006 at 8:04 pm

    one way: I think it should have reversed long ago … the fact that it hasn’t means the USD is in deep doo-doo.

  3. howard lindzon said:
    July 12th, 2006 at 3:00 am

    Great chart and post. Something has to give.

  4. Babak said:
    July 12th, 2006 at 4:33 am

    My 2c: it’s too obvious - nothing that is so obvious ever works out ;o)

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