Dollar's decline speeds up

From the Wall Street Journal;

Dollars decline speeds up, with risks for U.S.

With no relief in sight for the dollar on any of those fronts, the downward pressure on the dollar is widely expected to continue.

The dollar fell nearly 1% against a broad basket of currencies this week, following a drop of similar size last week. The ICE U.S. Dollar Index closed at its lowest level since August 2008, before the financial crisis intensified.


Marc Faber On Bloomberg TV: "Printing money at these low interest rates diminishes the dollars value. Holding cash today is as risky as holding onto commodities"