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Alasdair Macleod: The overvalued dollar

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney.com
Friday, April 17, 2015

There are two connected reasons usually cited for the current dollar strength: the U.S. economy is performing better than all the others, leading toward relatively higher U.S. dollar interest rates, and that this is triggering a scramble for dollars by foreign corporations with uncovered U.S. dollar liabilities. There is growing evidence that the first of these reasons is no longer true, in which case the pressure to buy dollars should lessen considerably. ...

... For the full commentary:

http://www.goldmoney.com/research/analysis/the-over-valued-dollar?gmrefc...



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