The future of the US dollar รป 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 the US dollar was the king of currencies. The euro, meanwhile, was the currency of a central bank whose governor made statements as wild as his hairstyle. The dollar, by contrast, was looked after by...

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