Market Views: Will the dollar suffer prolonged weakness?
After a steady decline last year, the US dollar continued weakening during January and February. We asked three experts whether this will continue, and what it means for investors.
Since the beginning of 2018, the US Dollar Index, which measures the value of the dollar against a basket of six developed market currencies, has dropped by around 3%, after falling by around 10% in 2017.
This has taken place in an environment of rising rates, with the Fed raising interest rates three times in 2017, as well as robust growth in the US economy. The S&P 500 increased by around 17% last year and the MSCI USA index saw 21.9% returns in the same time period.
Some …
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.