Currency dealers monitor exchange rates in a trading room at KEB Hana Bank in Seoul on August 6, 2019. The Chinese currency steadied that day, after it had weakened against the dollar, sending markets into freefall and leading the US to formally designate China a “currency manipulator”. Photo: AFP
Neal Kimberley
Opinion

Opinion

Neal Kimberley

The US dollar may have had a bumpy 2019 but don’t expect it to simply go downhill from here

  • The movement of the US dollar was tied to market expectations of the US-China trade war and the Federal Reserve’s liquidity provisions and interest rate policy
  • With few better alternatives for investors, the greenback is unlikely to decline broadly in 2020
Currency dealers monitor exchange rates in a trading room at KEB Hana Bank in Seoul on August 6, 2019. The Chinese currency steadied that day, after it had weakened against the dollar, sending markets into freefall and leading the US to formally designate China a “currency manipulator”. Photo: AFP
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