Why further dollar weakness is inevitable

Jeremy Batstone of Charles Stanley warns that further dollar decline is not only inevitable, but also likely to be more severe than even the most pessimistic forecasts.

The dollar has come under further pressure over the past five days and the financial press is crammed with arguments for and against continued weakness. Regular (and long-term) readers of this column will know that we have held a very strong position regarding the prospects for the greenback and whilst debate rages for and against further near-term declines on the world's foreign exchanges we regard further weakness as not only inevitable but potentially severe. Commentators have forecast the currency down to 1.40 against the euro and 95 against the yen; that may not be all!

Reasons For Dollar Weakness

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