From the WSJ on July 7th…
“But for the dollar to rebound further, it probably will need Fed Chairman Ben Bernanke, who speaks Thursday in Washington, to indicate the U.S. central bank is considering near-term interest-rate increases to fight inflation.
Higher interest rates from the Fed could help the dollar as they tend to boost returns on dollar-based investments.”
As originally seen on BccList.com here…here…here…here…here…here…and here going back to May 27th.
That would mean the devil (Rupert Murdoch) would be writing the paychecks though…maybe that’s not a good idea.