In the News:
Reuters

Reuters discusses portfolio manager Axel Merk's view on how trade deficit may impact dollar:

"Axel Merk, manager of the Merk Hard Currency Fund, says that as the U.S. economy slows down, smaller trade gaps are to be expected because imports fall.  In fact, January saw imports falling and exports rising. 

'I think the trade deficit will be better behaved, but, having said that, it's not necessarily good news,' Merk said.

The dollar fell to a two-year low against the euro on Thursday.  Merk, who is based in Palo Alto, California, says the euro has been staging a 'stealth rally' while people have been more focused on the yen."