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Where Is The Dollar Headed Next? More Weakness In Store?

Where Is The Dollar Headed Next? More Weakness In Store?

3 Years ago | August 06, 2017 00:00:00

John M. Bland, MBA


USD Continues To Head South Vs. EUR The EURUSD has been trading gradually but relentlessly higher since mid-April from the 1.0550 level to a peak just shy of 1.1900. That amounts to a EURUSD gain of nearly 13%. This development will certainly be welcome in the White House as a falling currency improves the terms of trade for the weakening currency and thus is a stimulus for the economy.

A decade or so ago a weaker USD would have been seen as a problem because a falling currency increased the cos

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