The dollar is taking a powder today, down over 1.6% as I type as can be seen in the www.finviz.com weekly chart link below. It certainly looks like a big double top is forming. At the same time the DJIA is up about 1.2%. So did FED Open Mouth Committee Dudley make you any money? Only if you short the dollar while buying the stock, otherwise, like always, they're simply taking it out of one pocket to put it in the other pocket. Just like they have been doing since 2009, stealing from savers (Peter) to pay speculators (Paul). It's no country for old men.
http://www.finviz.co....ashx?t=DX&p=w1
Regards,
Douglas
