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US dollar weakness won’t last. Signs show a turnaround is due

US dollar bears have had a good run of late. The greenback has been on a downward trajectory against major currencies since March, as evidenced in the decline in the US dollar index. But nothing lasts forever. The US dollar is due for an improvement in its fortunes.  Last Wednesday saw the release of the minutes from the Federal Reserve’s July 28-29 meeting, minutes that stressed that the United States’ central bank still sees the outlook for US economic recovery as highly uncertain due to the…

Read the original article at South China Morning Post

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