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The Dollar!!

By Ilene
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A lesson in the relativity of money. Our dollar is not ahead in the race to zero, the Yen and Euro are taking the lead. Anyway, I do not believe the dollar is going to zero, for the record. 

THE DOLLAR!!

Courtesy of , Business Insider

Bam. The dollar is on a damn tear.

Here is a chart of the dollar surging against the Yen after that Fed announcement. Obviously, people believe that rate hikes are coming sooner than previously thought.

Screen Shot 2014 09 17 at 3.48.01 PMFinViz

This is a continuation of a recent trend, as the dollar has been on a tear for months, crushing naysayers who thought the dollar was finished and doomed.

Here's a longer-term chart of the dollar against a basekt of other currencies. On fire.

fredgraph (34)FRED

 

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