The Dollar Is Getting Stronger

March 31st, 2009 | Filed under: Financial Markets,

If you ask me, it looks like the dollar just supported a good bullish trend. Is that good or bad? During this time the markets have gone from bad to worse. Since nobody is investing domestically, it would be nice for foreign investment, but those number have investors are fleeing as our dollar is increasing.

You can directly relate the increase in the currency to the lack of credit flow in this country and worldwide. As the supply decreases the value will increase.

dollar_032809

Notice the pattern? What is going to come out of that jumble?

Dow vs Dollar

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