The currency market is of two minds on the dollar...
In fact the economy is rather bi-polar these days... First it's expanding, then it's contracting...there is no consistant pattern now...
Hence the dazed and confused FED... What's really happening is STAGFLATION...or at least the early phases of that problem before it's recognized as a problem...
There is still a huge amount of money trapped in the financial system looking for something to "invest in"...but the real economy where most people live...is slumping under the weight of various collapsing bubbles and historically low wage growth...
So, the real economy is slumping...while the FED FAVORED FINANCIAL ECONOMY IS STILL FLUSH WITH CASH AND INFLATING THINGS LIKE OIL...AND NOW THE DOUDY DOW!
But stagflation is the worst of all worlds for the dollar...yet you'd never know it from the current news stories....
