Speakers Divided on Dollar's Fate At Forex USA Regional Meeting
ASSOCIATIONS
Speakers at the Forex USA annual regional chapter meeting in Boston on June 23 disagreed about whether the dollar has the potential to recover or whether the currency is doomed to perennial weakness.
Dr. Wayne Ayers, chief economist for Bank of Boston, said he did not think that the dollar is uniformly weak. He argued that the best news on U.S. inflation "is behind us" and that the U.S. is close to bottom in terms of long-term rates.
In response to a question on Fed policy, whether there has been
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