Look at the dollar go — the dollar index is up over 1% today — and look at the manufacturers, and penny-ante forex traders get crushed. You have to hand it to the uber-bears like Prechter, Rogers, and Marc Faber who have been making this call for a few weeks now.
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See Also:
- Asia, Europe, Gold, US Down As Citi’s Weak Secondary Reveals Limits To Liquidity
- Gulf States Ignore Dubai And Greece And Pursue Unified Currency Because They’re So Worried About The Dollar
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