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MAY 15, 2013 - Forbes

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Dollar Bulls on the Rise

The recent outperformance of the U.S. economy has the dollar appreciating against most currencies over the past week. Some of the current price levels have a percentage of the market beginning to price in expectations of a "secular USD bull market." Are they getting ahead of themselves? The dollar’s job has been made simpler by the various central banks easing up on their monetary policy rules -- just look at the Reserve Bank of Australia (RBA). Governor Glenn Stevens’ recent move has put the AUD into a structural decline. Even with Abenomics architecturally underway, it’s the stronger U.S. ... Read More

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