Treasury Secretary-designate Janet Yellen is expected to declare that the authorities won’t seek a weaker US dollar to boost exports in her testimony on Tuesday. AP
Treasury Secretary-designate Janet Yellen is expected to declare that the authorities won’t seek a weaker US dollar to boost exports in her testimony on Tuesday. AP

Economy

Hedge funds bet on weakening US dollar throughout 2021

High dollar valuations, low nominal and real rates and a rapid recovery in the global economy will weigh on the greenback

Bloomberg

January 18, 2021