Why the Dollar May Be Ready for a Rebound

August 19, 2008 at 2:05 pm

As outlooks for the euro zone and Britain dim, central bankers will likely be forced to lower interest rates, creating conditions that could restore some of the U.S. currency’s value
By James C. Cooper

It’s not easy to be bullish on the dollar these days, especially amid the latest round of financial market turmoil and dim prospects for U.S. growth. However, the depressing effects of tight credit and record-high oil prices are now spreading overseas, putting other major economies and their currencies in a less favorable light. Clearly, the greenback still faces a rough road in coming months, but several important pieces necessary for a bottoming out in the dollar are starting to fall into place. Click on the linkfor complete article


Entry filed under: Business Development, Business Environment, Global Business, Imports/Exports, NKITA, United States.

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Peru - August 12-20, 2012
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