Dollar to plummet further in 2005

Reluctance by Asian central banks to provide continued support for the greenback, combined with a lack of private sector willingness to fund the US current account deficit, is set to drive the unit lower.

US gross domestic product should fall from 4.5% in 2004 to 3.25% in 2005, with US domestic demand likely to weaken as the effects of monetary and fiscal policy stimulus fade. A slowdown in productivity and a recovery in wage growth will push up inflation. The US Federal Reserve is expected to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: