Strengthening U.S. Dollar Signals Economic Growth in 2017
On Wall Street, the rising dollar has been one of the most visible signals of growing optimism in the U.S. economy. For many other countries, it spells trouble.
Most analysts expect the U.S. currency to strengthen in 2017, extending a gain that has boosted the value of the dollar by more than one-third since the U.S. credit downgrade in 2011. ............. <<Continue Reading>>
Flight to safety before the storm.
It's really interesting to see that the growth against the USD with Bitcoin is increasing as the USD is growing against the world. Comparing the charts of Europe, Russia and China shows a lot of potential for Bitcoin to expand higher than $1500.
surprised by the short time currency rise, all will increase in any case
The USD is not rising.....other world fiat currencies devaluing against USD...:)...
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All relative...rising USD is likely a bullish signal for the U.S. relative to other countries, but whether that means strong real growth or just safe harbor compared to other less healthy economies is TBD. I tend to skew positive on the forecast, but like any other decent economist i do so with reservation...