Investment Chart Kondratiev Wave

Investment Chart Kondratiev Wave

Monday, 4 June 2012

Even the BRICS want a stronger dollar

The dollar is not only rising agisnt the Euro, but also against the currencies of the BRICS (this year South Africa is added to BRIC, so BRICS, even while their growth is not that high; so the BRICS have become very commodities oriented).

The Chinese Yuan is still the strongest, but even the Yuan is now declining versus the dollar.

(chart of Strategas)

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