Expect big moves in the dollar in the next 10 days
Investment guru Dr Doom Marc Faber said that the correction in equity markets was overdue after the huge run-up since March and currency markets are due for a change in its course.Correction in markets is already underway , China is off 20% from peaks , Currency markets due for a change in course , Since June Euro trading in a narrow range against the dollar , Expect big moves in the dollar in the next 10 days , Dollar will strengthen , equities will correct sharply , Market correction to be led by valuation concerns , Rate of gains in equities has diminished , USD to rebound , Faber then speaks about a wide range of topics including China , India agriculture commodities etc...
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