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Sunday, September 28, 2014

Race to the bottom $fxe $fxy $fxf $uup

Major global currencies have been collapsing. 

Euro decline, about time. Needs way more to go.

Yen decline, nothing new given abenomics.

Franc decline, luckly its on the list.

US dollar strength, supporting the declines.

The USA is doing the rest of world a few big favors:

1. Easy money fed, but thats ending soon.

2. Appreciating dollar, allowing the other economies to do better. (But in Europes case, to stay a float.)

3. Bombing IS

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