Below you will find pages that utilize the taxonomy term “US Dollar”
We took a big step toward nationalization this weekend as the Federal Reserve and Great Britain decided to inject taxpayer money into the banking system to stabilize things, emphasis mine.
Before markets opened in Europe, a statement from the Federal Reserve in Washington said that it, along with the Bank of England, the European Central Bank and the Swiss National Bank would provide funds at a fixed interest rate in advance of each operation â€œagainst the appropriate collateral in each jurisdiction.
I know I haven't posted anything remotely related to the US Dollar and Forex Trading in ages! I decided to close out the week with a look at the US Dollar's weekly trend.
Despite all the hullabaloo about a strengthening US Dollar in recent days, the overall trend remains DOWN. It doesn't take a rocket scientist or neural net to figure that out.
The trend will remain down as long as we are invading foreign countries to liberate them and printing money.