Investment views based on the cycles and economic fundamentals.
Not all views expressed in this blog are in line with the views of F&C.
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.