[font=verdana, arial, helvetica][size=-1] A tug of war has been taking place this year between the significant US current account deficit and the need to attract foreign capital to offset the deficit versus the potential for a rapid rise in interest rates. These forces have been influencing the greenback's valuation considerably. Higher inflation could yield higher interest rates which would consequently increase foreign appeal in the dollar. On the other hand, fundamental problems in the US economy may be exposed as a consequence of anxiety over growth prospects resulting from higher interest rates. The greenback ... (full story)