Rickards’ Currency Briefing: A Weaker Dollar Is On Its Way
A bottom is in for the euro and sterling as the reality of weaker U.S. growth is beginning to intrude on the strong growth narrative. The EUR/USD and GBP/USD may hold their breath for a bit longer waiting for more data, but that information is coming. Trends all point to a lower U.S. dollar and higher euro, yen and sterling in the weeks and months ahead. That means excellent trading opportunities for you.