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The Fed has become the dollar's 'biggest problem'

Business Insider - 26 Jul 2017 16:54
The Fed has become the dollar's 'biggest problem' Cliff Owen/AP The US dollar has a problem. It's the worst-performing G10 currency of this year, andhas fallen about 8% against its major peers. As strategists identifycatalysts that could send it higher, the Federal Reserve is unlikely to be on that list. "The USD’s biggest problem, is it can’t expect help from the Fed for a long time, and that won’t change following the July FOMC meeting," said Alan Ruskin, a macro strategist at Deutsche Bank, in a note on Wednesday. "The most USD negativ...
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