The US dollar busted by old-fashioned value?


The US dollar’s 10-year strength was fuelled by the ‘new’ economy in the US. But that may be about to change, writes Steen Jakobsen (right), head of fund management at Saxo Bank in Copenhagen

The four most expensive words in investment language are "This time it’s different", Sir John Templeton said. True, predicting the end of US dollar strength has continued to be a bad call, but... could it be different this time?

The market has always had a short-term memory. Less than one year ago analysts

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