King Dollar is still on his throne – but how long can his reign last?

Most commentators thought the dollar would fall this year. Instead, it has risen. Two experts explain what’s driven the greenback’s unexpected revival, and tell us why it can’t last.

Most commentators thought the dollar would fall this year. Instead, it has risen. Two experts explain what's driven the greenback's unexpected revival, and tell us why it can't last.

The five pillars propping up the dollar

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James Ferguson qualified with an MA (Hons) in economics from Edinburgh University in 1985. For the last 21 years he has had a high-powered career in institutional stock broking, specialising in equities, working for Nomura, Robert Fleming, SBC Warburg, Dresdner Kleinwort Wasserstein and Mitsubishi Securities.