- The US Dollar has surged 25% on a real trade-weighted basis in the past four years.
- This has led to many analysts and alike remembering the ascents in the early 1980s and again at the turn of the millennium.
- Q. What happened on both those occasions?
- A. The widening of trade and current account deficits.
- What might be the outcome this time? Same again I believe . . .
Source : FT, Thomson Reuters Datastream