GBP/USD: Resistance @ 1.90

As trading gets underway in the U.S., the big question remains. What is the story with the Dollar? Is the month-long slide evidence of healthy market forces responding to an unhealthy trade deficit, resolving the oft-mentioned "global imbalance" issue in logical fashion? Or alternatively, is the Dollar's fall an overreaction by fearful investors; spooked by talk of bursting bubbles, who do not recognize that continued rate support is likely forthcoming in response to bustling "real" economy? Read More....