New Tumble for the Dollar?

Just when it sounds like the Fed has achieved a renewal of confidence and shored up the US Dollar, here is an interesting article published in Bloomberg today. The interesting thing about the article is how many people from some of the world's largest financial powerhouses are all in agreement that the US Dollar is in the cusp of another major decline. Apparently, futures traders agree, with bets against the Dollar doubling since January.

Dollar Bottom Proves Elusive as G-7 Meets, Bearish Bets Double

If this sentiment bears out, there is a very good chance of a renewal of the commodity bull.