The future of the US dollar û and how to protect yourself

Remember on October 25, 2000 the eurodollar rate was below 0.83. On November 17, 2004 it breached the 1.30 barrier. Asian currencies have been less affected by the dollar weakness, nevertheless the yen gained almost 20% and the Korean won 25% against the dollar between their troughs at the beginning of 2002 and today. Back in the year 2000 it would have been a rare market participant who did not believe...

To continue reading, please login or register for free

Click for more on: future | us | dollar | û | protect | yourself

Print Edition

FinanceAsia Print Edition