The dollar is looking decent compared to other currencies. But given the current status of the treasury and congress, that could always change. I do think the dollar probably has another leg up before it goes down. All those bonds that foreign banks and primary dealers need to be dumped before they let the dollar burn.
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Dont forget the other central banks are doing the same thing so their currencies arent going to hold up well against the dollar, especially if things get worse economically. If the market gets any fear at all in it, I predict the dollar will explode since that is where everyone will be running to.
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