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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (834)	6/10/2018 8:04:26 AM
From: elmatador	Read Replies (1) \| Respond to of 13793

Resurgent Dollar Set for Reversal Fundamental forces will eventually snap the dollar’s rally and revive emerging-market currencies, according to Schaeffer. The Bloomberg Dollar Spot Index has climbed 4.7 percent since mid-April. “The strength in the dollar probably surprised us a little bit,” Schaeffer, who is based in Chicago, said in an interview. “When the dollar is doing well against major currencies the weight is on emerging markets. We see this as relatively transitory and for the dollar to weaken against major currencies through 2018. bloomberg.com US companies have been aggressively deleveraging in recent months, opting to repatriate their capital instead of issuing domestic bonds - due to US President Donald Trump's tax cuts. This means an even higher demand for the dollar amid the shrinking supply outside of the US, pushing the US currency higher against its peers.