The Only Move For The Fed = Talking Down The Dollar

The Only Move For The Fed = Talking Down The Dollar by Dominique Dassault, GlobalSlant.com

Headline:
Their Final Bullet

The Fed has no more maneuvers other than to jawbone the dollar lower. Because for a variety of reasons a strong dollar, in the current market environment, is akin to tighter monetary policy. And right now, in the wake of Brexit, tighter monetary policy = clearly not an option. Plus, a stronger dollar [by virtue of of “the peg”] strengthens the Chinese Yuan + Saudi Riyal…something neither country will tolerate.

And the dollar’s whip-saw in ’16 has The Fed’s fingerprints all over it. The Sequence = Flawed Forward Guidance of 4 Rate Hikes [$ Ramp]…Followed By A Slowing US Economy...