Strong Dollar Wins the Inflation Battle in New Spin on Currency Wars - The Wall Street Journal

The euro is near parity. The yen is at its lowest in decades. The question for investors is whether this is part of an essential rebalancing or a big overshoot.

There is a reverse currency war, and America is winning. Again. Just as the U.S. won the fight to devalue the dollar after the 2008 financial crisis, now it is winning the fight to strengthen it. In… [+154 chars]

full article...