The Dollar Got Roughed Up Last Year
The dollar fell some 10% against a basket of currencies last year, the first annual decline in five years.
Where’s the greenback heading?
David Kotok – Chairman and chief investment officer, Cumberland Advisors
“The dollar is in the cross hairs of conflicting forces: central banks normalizing or not normalizing conflicts with accelerating U.S. growth. Rising federal deficits conflict with Fed balance-sheet shrinkage. There’s no way to know about dollar strength versus weakness.”
Read the full article at Barron’s