Friday, March 8, 2013

Currencies are taking pounding??


Currencies are taking a pounding huh? Lets take a look at the main reason of this "pounding". The currencies that are experiencing this are the ones that are in countries that do not have very good export to the us. It is like I said before the dollar is still king no matter what the world would like to think. So naturally the countries that are not exporting with the US that much are going to suffer. So globally speaking the currencies are actually performing like one would expect if they know the previous fact. Like I have said before I think the dollar will out perform most other currencies in the near future.