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At the end of the year you may not be mad.

I think you would be mad to do so now. I read a lovely quote this morning. It went something like:

"The US administrations will sit on the sidelines, giving a couple of quotes now and then that they still want a strong dollar, but really not mean it."

Sure, there may be a further hike in the Fed Funds rate this summer, but the gap between Asian and dollar interest rates should start to decline, and people are going to start looking at a seriously over-valued dollar.

[QUOTE="Bar the Bull, post: 2078171, member: 64931"] At the end of the year you may not be mad. I think you would be mad to do so now. I read a lovely quote this morning. It went something like: "The US administrations will sit on the sidelines, giving a couple of quotes now and then that they still want a strong dollar, but really not mean it." Sure, there may be a further hike in the Fed Funds rate this summer, but the gap between Asian and dollar interest rates should start to decline, and people are going to start looking at a seriously over-valued dollar. [/QUOTE]

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