Cooling U.S. inflation is
accelerating a decline in the dollar, and risk assets around the
world stand to benefit. The dollar is down nearly 13% against a basket of currencies
from last.
Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against a basket of currencies from last year’s two-decade high and stands at its lowest level in 15 months. Because the dollar is a linchpin of the global financial system, a wide range of assets stand to benefit if it continues falling.
Analysis-Tumbling US Dollar a Boon to Risk Assets Across the Globe usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
NEW YORK, July 14 ― Cooling US inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13 per cent.