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Should You Invest In USD in 2016 Or Not

Should You Invest In USD in 2016 Or Not

2015 was an excellent year for the U.S. dollar.  However, with just 5 trading days remaining, many investors wonder if will still be a smart trade in 2016 to be long on dollars.  The month of December has been difficult, with dollar bulls struggling to stay in control.  Interest rates have been raised for the very first time by the Federal Reserve since June 2006.  However, instead of the dollar appreciating, it erased most of its gains from November.  Many investors are now wondering if the dollar can’t be lifted by hawkish forward guidance and a rate hike, whether or not it is a foolish idea to purchase greenbacks in 2016.