US dollar's central role

The central banker booby prize of the year goes to president of the Dallas Federal Reserve Bob McTeer, for his extraordinary honesty in telling the world: "There is only one way for the dollar to go – lower." This act of candour propels him into the exalted company of other legends who have spoken the truth about the greenback and subsequently changed careers, including Paul O'Neill and Lloyd Bentsen. There are at least two clear lessons for officials: 1) When it comes to the dollar, lie

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 [email protected] or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: