On Friday, August 6, by inertia was broken in a powerful level of support for the dollar. Thus, the euro jumped immediately up to the mark 1,33 dollars / euros, breaking the single stroke sophisticated level 1,32. In addition, there has been many months and a maximum of yen to the U.S. currency - a mark 85 yen to the dollar. Finally, a couple of dollars with sterling withstood the most difficult level - 1,6 U.S. $ / pound. All this shows is not about the incredible "bull" power of the currencies, but only that the game against the U.S. dollar begins to acquire signs of "bubble".
In the period of acute crisis in the game to increase the U.S. currency on the background out terrible makrostatistiki the U.S.. Now the data on this country just simply weak, but the players believe it's a great excuse for selling the dollar. But do not forget that the problems in Europe did not disappear - budget deficits of the euro area will continue to beat records. Also in big trouble already and in Asia.
All this may lead to a new round of crisis. At the same time the dollar has a distinct advantage - he falls into a deflationary spiral. Thus, the fact that many economists had predicted at the peak of the crisis - hyperinflation postponed indefinitely. The economy is growing evidence that its further development will be on the Japanese script. Of course, a decade of stagnation of the American economy believe it is weak, but hyperinflation dollar in the current environment to provide even more difficult. And if we compare the prospects for the existence of U.S. currency and the euro or pound, the choice in favor of "American" increasingly evident.
Current growth - only correction before a new wave of dollar buying. Apparently, the train would move autumn, there are only random passengers disembark.
