American dollar is in consistent down channel while other currencies namely Canadian loonie is aggressively on the rise. This pattern is going to continue as the crashing dollar all of a sudden is going to make things expensive north of the border. Soon the treasury would have to raise the interest rate in US to delay the crashing dollar. Canadians are flocking to US on shopping free for daily consumable to investments. Say Hello! to 24 hr Wal-Mart.
If the Feds cuts the interest rate it would make holding the US dollar less attractive speeding the dollars crash.
If the Fed raises the interest rate to protect the dollar then increase in mortgage payments will send shock to the US real estate market.
The above is no proprietary knowledge; macro gurus have been making this a headline lately.
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