PLP Advisors, LLC

Financial Advisor Looks at the Strength of the U.S. Dollar

Tubbergen offers his radio shows as podcasts on his radio website.


Grand Rapids, MI -- (SBWIRE) -- 09/10/2013 -- It is difficult to stay abreast of everything that is happening financially in the United States today. Dennis Tubbergen, a financial advisor, author, radio show host and CEO of PLP Advisors, LLC can be counted on to give a hand when it comes to understanding the latest events in U.S. and world economics.

Whether people enjoy his monthly newsletter at or his blog at, Tubbergen is dedicated to sharing his viewpoints and opinions. On September 11, 2013 his blog was titled U.S. Dollar Continues to Gain Strength: Why?

"According to a Bloomberg article, the U.S. Dollar reached a seven-week high against a basket of other currencies in spite of the fact that the Federal Reserve continues money printing at what could be described as a torrid, $1 trillion per year pace," began Tubbergen.

Below he quotes from the September 3, 2013 article.

The dollar rose to a seven-week high after a report showed U.S. manufacturing expanded in August to the fastest pace since June 2011, fueling expectation the Federal Reserve will start cutting bond purchases this month.

The greenback reached a one-month high versus the yen after an Israeli missile test raised concern that conflict in the Middle East was escalating amid the prospect of U.S. intervention in Syria, boosting demand for haven assets. Australia’s dollar rose after the nation’s Reserve Bank held its benchmark rate unchanged. Indonesia’s rupiah slipped to a more-than-four-year low.

Tubbergen's blog shows his readers a chart that tracks the strength of the U.S. Dollar against six other currencies. He feels looking at a weekly chart shows a decline and advance in this country's Dollar since July 16, leaving the overall price movement - a suprising neutral.

"While a look at the daily chart might have one concluding that the U.S. Dollar could get weaker over the short term, I expect it will continue to trend upward as it has since early 2009," concluded Tubbergen. "Not because our Dollar is the currency that it once was. It’s just the best choice from a bunch of bad ones."

To read the blog in its entirety and get Tubbergen's take on exactly how he views U.S. currency, go to and select his September 11, 2013 entry.

Tubbergen’s syndicated radio show can be heard on metro Michigan stations WTKG 1230 AM and WOOD Newsradio1300 AM and 106.9 FM.

Dennis Tubbergen has been in the financial industry for over 25 years and has his corporate offices in Grand Rapids, Michigan. Tubbergen is CEO of PLP Advisors, LLC and has an online blog that can be read at To view Tubbergen’s latest Moving Markets? newsletter, go to

The opinions expressed herein are those of the writer and not necessarily those of USA Wealth Management, LLC. This update may contain forward-looking statements, including, but not limited to, statements as to future events that involve various risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual events or results to differ materially from those that were forecasted. Therefore, no forecast should be construed as a guarantee. Prior to making any investment decision, individuals should consult a professional to determine the risks, costs, benefits and fees associated with a particular investment. Information obtained from third party resources is believed to be reliable but the accuracy cannot be guaranteed.