Thursday, March 5, 2015

U.S. Dollar: Time For A Correction?

My largest currency holding at the moment happens to be the U.S. Dollar because I expect more turmoil in markets around the world and when there is turmoil, people flee to the safe haven, which they think its the dollar. It is not a safe haven but people think it is and that is why I own it.

The dollar has been very, very strong as you know, so its probably time for a correction, but I still own dollars and the chinese currency are my largest holdings.

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