The dollar’s decline against currencies including the euro may be poised to peter out, according to MIG Investments SA, which cited trading patterns.The TD Combo indicator, which traces a security’s price movements to determine whether a trend is losing momentum, gave a “sell signal” for the euro versus the dollar today, said Paul Day, chief market analyst in Neuchatel, Switzerland. Gold gave a “weekly” sell sign using TD Sequential, which seeks to anticipate “trend exhaustion,” he said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ab6YzRpw8pio
BlackRock’s Fink Says Dollar Still Best for Long Term
Laurence Fink , chairman and chief executive officer of BlackRock Inc., said the U.S. dollar remains the best currency for investors seeking to protect wealth.
http://mobile.bloomberg.com/apps/news?pid=2065100&sid=aLZMqIMQ2Ys0
UBS Sees Longer-Term Strengthening by Dollar on Revival of Risk
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=anbSof8P2CEE
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