Monday, May 18, 2015

Despite the home builder sentiment, dollar should rise...

Despite a marginal decline in home builder sentiment (which is at 54 from 56 and so above the 50 level which is the confidence threshold ), the US dollar should hold. Europe is struggling to cope and too heterogeneous despite decades of harmonization. China is still struggling to maintain growth rates. Australia and Canada are reeling under commodity price falls,. Japan is yet to return to growth trends. Emerging economies are still struggling to be born. So , US assets will have to keep the global momentum going.

Without any risk or responsibility.

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