King Dollar continues to push higher. Expect imports of goods and services to decline which will limit the much needed World Reserve Currency the US Dollar
. This will devastate emerging markets that need to export to the US to maintain jobs while acquiring much needed $s reserves to maintain the value of their currency. I previously made a silly mistake with USDJPY
not factoring in emergency rate cuts. I knew the crisis was coming, I knew they would need to stimulate and still like a moron did not factor that in the USDJPY
trade. Never the less the trade is now positive. I did not sell since it is just one position of my portfolio. The bad news was I could not add since I had a full position on. Oh well. Lesson learned. At any rate, there is no better currency on the planet than the USD. Demand for dollars going forward will only increase to year-end.