Monday, September 21, 2009

Charts Predict: Risk of 'Fully-Fledged Dollar Crisis'


Charts Predict: Risk of 'Fully-Fledged Dollar Crisis'

The dollar is clearly stuck in a downward trend as it takes over from the yen as the carry-trade currency of choice, but if the trend continues it faces a “fully-fledged dollar crisis,” Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.

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Nick Sorrentino is the Editor of The Liberty and Economics Review and CEO of Exelorix.com a social media management company.