Opinions are divided. Europe and Japan are doing economically better, but their monetary policies will remain super easy which is negative for their currencies. Emerging markets have structural problems. I tend to think that dollar is still mid-trend, regardless of exact path of the interest rates.
CIO, HonTe Investments. Ran global macro at JPM. Yahoo! Finance Contributor. Ph.D. in Mathematics. Author, The Next Perfect Trade. No investment advice.
