The Only Move For The Fed = Talking Down The Dollar by Dominique Dassault, GlobalSlant.com Headline: Their Final Bullet The Fed has no more maneuvers other than to jawbone the dollar lower. Because for a variety of reasons a strong dollar, in the current market environment, is akin to tighter monetary policy. And right now, in the wake of Brexit, tighter monetary policy = clearly not an option. Plus, a stronger dollar [by virtue of of “the peg”] strengthens the Chinese Yuan + Saudi Riyal…something neither country will tolerate. And the dollar’s whip-saw in ’16 has The Fed’s fingerprints all…
The Only Move For The Fed = Talking Down The Dollar
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