The strength of the US Dollar has been improving since the
2008-2009 recession with the good performance of the stock market. Private
banking, Dubai Fortress Financial Services, managing director Mr. Hamed
Mokhtar, said that the world can be rest assured of the continuous improvement
in the value of the US dollar months and even years from now. A good 4.5% jump
on a trade weighted basis over the past 5 weeks alone demonstrates the
resurgence in the US dollar. Massive quantitative easing campaigns in Britain
and Japan are dragging their currencies down and allowing the US dollar to
shine as a natural choice for those looking for a currency to invest in.
Source: www.fortressbanking.com - an internet site that provides excellent financial tips and guidelines as well as wealth administration and upkeep services.
Source: www.fortressbanking.com - an internet site that provides excellent financial tips and guidelines as well as wealth administration and upkeep services.
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