Good news recap (4)

The dollar is not collapsing. It has bounced significantly off its all-time lows of last summer. This chart may overstate the dollar's strength, however, since the dollar as well as most other major currencies have declined significantly relative to gold. Still, it is reassuring to note that the dollar still garners respect among the world's investors, despite the Fed's massive quantitative easing program. I think it also means that the U.S. economy is still considered to be among the world's most dynamic and resilient, and thus the dollar represents access to a safe port in the current economic storm.