Market Views: Will the US dollar continue to weaken?
The US dollar is currently strong, but economic weakness, minimal rates and a large and rising debt burden could cause it to weaken. How will that affect how asset owners invest?
With US president Donald Trump having (at least temporarily) postponed a financial stimulus package, the collapse in US domestic savings, current account deficit and the US Federal Reserve’s determination to maintain a long-term flat interest rate, concerns are flying that the greenback's value could decline over the medium term.
The US Dollar Index, which tracks the greenback against a basket of other major currencies, has dropped 6.15% in the past six months, even though the US …
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