In case you missed it, the Dollar is awakening: can the end of QE3 and the closer and closer rates hike by the Federal Reserve push the american currency to space levels ?
It looks like we are about to find out:
As you see from the picture, USD is moving towards a 12-years resistance.
Now, we all know that:
1) QE is about to end
2) Rates will go up, and they will do it by the first half of 2015
Something is telling us that, in 12 months, the Dollar will be not as cheap as it appears to be now.
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