The dollar continues to lose against the euro and Swiss franc after Bernanke speak for the economy weakness. The latest movement is based on speculative trading. The latest economic reports show some positive signals in U.S. Retail Sales and Trade Deficit. At the same time there are many signals for starting crisis in the Euro Zone also signals for starting cut of Euro Zone interest rates. On the other side the recession in the world biggest economy is still in doubt and the Fed and Bush administration will invest to avoid the recession. The latest dollar weakness is absolutely speculative and do not show the real fundamentals said Peter Mill expert in World-Signals.com. The recovery of the dollar was stopped first by the technical support but after that was not supported. At the end Bernanke again send negative signals for the dollar that effect is already in progress on the forex markets.
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