The reports of my death are greatly exaggerated, take 2

A few months ago I wrote about the death of the dollar, and I thought it was an appropriate time to follow up on the topic. Then, the press was discussing why the dollar’s demise was upon us. From some quick analysis, it didn’t appear that the average fund manager believed the hype. So who has been right so far, the press or the fund manager?

Since mid-October, the dollar index has strengthened 2.9% (as in the other post, this is from the Fed Reserve). The dollar increased almost 10% against the Euro, 6.35% against the Pound, and stayed flat against the Yen. Looks like the dollar is still alive and kicking. Maybe the fund managers had it right, and the death of the dollar was premature.

For the complete post, visit our Taking Risk blog.