Why I’m still bearish (for now) on the U.S. Dollar.

In the next two videos (five minute each) I explain my continued bearish stance on the U.S. Dollar. I’m open and frank about my positions that are relying on continued weakness or at least a flat dollar and where I will change my opinion about the negative sentiment.

There’s been a lot of talk about why the dollar “should” go up and my take has always been that by the time I hear it, it’s been “baked into the cake” aka already discounted.

That’s not to *dis* fundamentals. I simply feel that the rally from February 2 – 12 may have been when the fundamentals were moving the U.S. Dollar Index higher.

For those of you who are thinking “Raghee I’ve heard there will be a rate hike.” Well, watch the videos and see for yourself what the Fed Funds futures are reflecting and then ask yourself how realistic is a rate hike before October to December this year? I don’t feel we’ll see one until late this year or early next. Not my opinion…simply what the Fed Funds seem to be “saying”.

Follow me on Twitter!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>