The greenback bulls have faded recently, which has benefitted the gold and silver markets recently.
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We are already suffering from a mild inflation, thanks to Alan Greenspan's over-printing of the greenback.
On Thursday, the greenback reached 100 yen for the first time in four years.
The recent rebound in the greenback is a bearish underlying factor for the precious metals markets.
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However, the greenback bulls still have some upside near-term technical momentum on their side.
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The greenback bulls have faded a bit recently but still have the overall technical advantage.
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The U.S. dollar index was lower Tuesday, as the greenback bulls have quickly faded.
While the 12-month rate in January was a piddling 5.93%, the greenback zoomed against Asian currencies.
The greenback bulls have faded a bit this week but still have the overall technical advantage.
Indeed, the greenback is up 26% on Brazil's real and 50% on Poland's zloty.
He recently urged the Fed to do what it must to strengthen its greenback.
Gold is faring well Thursday, considering most commodity markets are feeling pressure from the stronger greenback.
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True, Franklin Roosevelt in 1933--34 played with the greenback as if it were a delightful toy.
The greenback bulls and bears are struggling for near-term technical control, with neither having much success.
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The U.S. dollar index is lower again Wednesday morning, as the greenback bulls are fading again.
The index did see selling pressure Friday and the greenback bulls have faded a bit.
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The greenback has benefited recently on fresh safe-haven demand due to the EU situation.
Even Bill Clinton knew that, for political reasons, a feeble greenback is political poison.
Why didn't the Treasury Department--behind the scenes--tell the Fed to strengthen the enfeebled greenback?
The enfeebled greenback has led to high gas prices and to windfall revenues for our enemies.
The greenback bulls have faded recently and the bears have the overall near-term technical advantage.
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The greenback has benefited recently on fresh safe-haven demand mainly due to the EU situation.
The U.S. dollar index is lower Tuesday morning, as the greenback bulls have quickly faded.
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The U.S. dollar index traded weaker Wednesday as the greenback bulls are fading again this week.
However, the bottom line is the relationship between the greenback and the risk assets.
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The U.S. dollar index is lower Thursday as the greenback bulls have been struggling recently.
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On any move down, the greenback may get some support right around the 1.0500 level.
Perceived safe-haven moves into the greenback from investors worldwide has been featured the past couple days.
All we got out of this market and greenback jawboning was a massive stock-market correction.
The greenback bulls are fading and that is encouraging to the precious metals bulls.
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