How is it that the dollar is gaining?


Combined together the Wall street Top 10 banks have declared a loss of more that $80 billion dollars and most of them stemming from North american operations and inspite of that the dollar is gaining! What does that mean? Does it mean that these companies relied more outside North America to raise their revenues or does it mean that the Election year login is putting the dollar to rebound? Inspite of the Hurricane season if this is happening! Or maybe the logic could be that investment of foreign governments and non-american parties in these companies could be greater than the investment of North american companies! Maybe that makes sense as well.

I guess this needs some greater thought process before ironing off from my brain…

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