The U.S. Dollar is a BUY (So The Calculations and Experts Say…)
August 29, 2011 at 10:15 AM EDT
By most “standard” calculations, the U.S. Dollar (USD) is undervalued by close to 20%. Using the Effective Exchange Rate methodology, the USD may be due for a rise in the near future. However, even with the recent market slide and persistent worries over potential defaults within the EuroZone, traders have been avoiding the USD to [...]