SkyPilot said:USD up over .5%
Any thoughts on what is moving the USD today?
I hope that I am not wrong, but this might be short-term volatility going on, while the process of shifting into larger caps occurs. Also, Geopolitical problems could be affecting the currencies, if worlwide investors perceive that unresloved problems with North Korea, etc., require buying the dollar as a safe currency issue. Only maybe, a 3rd story building appears to have collapsed near 62nd St., in New York. Whether this increases people's desire to move into the safer currency which still is the U.S Dollar, I don't know. In my view, however, the trend continues to be a lower dollar, as we have discussed before, and Japan is supposed to decide next Friday if it increases the YEN or not.