Strategist Clarifies: Dollar Is Not Facing Imminent Decline

Reported about 9 hours ago

Rabobank's macro strategist Christian Lawrence discusses the current status of the US dollar, indicating that while it is weaker, it is far from facing its 'death.' He explains that the dollar's impact on earnings is not as significant as other factors like consumer confidence, despite some shifts in global currency dynamics. Lawrence emphasizes that the reliance on the dollar in the global economy remains strong, making its decline unlikely in the short term.

Source: YAHOO

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