Day: December 25, 2011

2012: Year of Weakness or Year of Strength for USD?

The US dollar hasn’t gone very far in any direction, be it to the upside or the downside, in 2011. The currency was falling in the first half of the year on talks about a quantitative easing and hopes for Europe, but reversed its trend in the second half. The greenback has a potential to go either way in 2012 depending of a way the European issues will be resolved and decisions the US policy makers will make. Quantitative easing is a major […]