August 29, 2016
The dollar has been moving lower since late July as the U.S. central bank once again disappointed markets by not increasing the Fed Funds rate. In my latest piece for Seeking Alpha, I explain the five key reasons that the dollar is close to lows and why it is likely to bounce and move to the upper end of the trading range once again. I also point to another currency, the oldest in the world, that is the strongest means of exchange against all currencies in 2016.
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