Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
<<But you can't ignore the fact it's down 30% compared to six months ago against currencies like the BRL (2.50 then vs. 1.71 now).>>

But somehow we can ignore the fact that the dollar is flat relative to the real since last September.

All this panic about the falling dollar over the past six months seems a bit revisionist to me given the massive rush into the dollar as everyone became hyper risk averse and fled foreign markets and currencies last September.

The point we are at right now is about where we were prior to the market craziness hit and yet I don't recall the dollar's previous decline causing headlines.

This isn't to say I don't expect further weakening of the dollar, just that I'm getting tired of the alarmist nature of currency conversations (not refering to DutchMark, just the general info-sphere).

Perspective is required in all things.
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.