Dollar Milkshake Theory Gives Way to the Dollar Smile Theory
The “dollar smile” theory asserts that the greenback can strengthen in both good times and bad, making it a somewhat unique asset in the global markets
Dollar Milkshake Theory Gives Way to the Dollar Smile Theory
Trading the British Pound’s Recent Collapse Against the Dollar
It’s been a big year for the U.S. dollar, and during the last week of September the greenback rallied sharply against the British Pound
Britain’s Cautionary Tale
Investors and analysts usually go back 10, 20 or 30 years when they consider long-term economic data. But how about taking a really long view? Let’s fire up the time machine and travel back to the middle of the 19th century. And to keep it really interesting, let’s look at the undisputed No. 1 economic … Continued