A Comeback for the Dollar?

Dollar comeback: Strength to follow - at Moneyweek.co.uk - the best of the week's international financial media.

The US dollar is set to rebound against other major currencies ending its recent three-year slide, according to Fisher Investments, a discretionary investment manager. Loose monetary policy at the US Federal Reserve has hurt the dollar, but this is expected to change, heralding an increase in short-term interest rates and a reduction in excess liquidity.

Andrew Teufel, Director of Research at Fisher Investments supports this upbeat forecast for the US dollar, debunking five currency myths cited as cause for the greenback's continued decline:

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