Why I Am Bearish On The US Dollar
Posted on October 01, 2008 at 05:54 AM EDT
The past two days have been remarkable in terms of the volatility in the equity markets, but how has the US dollar performed? Ironically the dollar rallied on risk aversion the one day, and then rallied on renewed optimism the next. Where we are sitting now is likely in overbought territory, at least in the [...]