August 2020

The problems of the US dollar are starting, some bears say

There’s the bears on the dollar, then Ulf Lindahl.The investment director of foreign exchange manager AGBisset estimates that the US currency will sink 36% against the euro over the next year, bringing it to levels it had not noticed in more than a decade.The dollar’s recent weakness “is the beginning of a very significant move” that can harm the multitude of investors exposed to it through their holdings of US stocks and bonds, Lindahl said.

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