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Is the dollar getting ahead of itself?
*The Wall Street Journal, by Ira Iosebashvili & Min Zeng, April 5, 2015
”The dollar’s record rally, which rattled everything from the oil market to U.S. corporate earnings, is running out of gas.
Many investors remain bullish for the longer term, but some say the greenback’s biggest gains are in the rearview mirror.
The dollar’s downshift reflects heightened concerns that the U.S. economy is cooling, which were reinforced on Friday by a much weaker-than-expected jobs report. That has a growing number of investors betting the Federal Reserve will put off any interest-rate increases until the end of 2015.”
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.