Category: Currency Currents
- Published: 24 May 2010
- Written by Editor
Finally we are getting some real company on our dollar call
The dollar will probably become a “growth currency” during the next 10 years, shedding its haven status of the past decade, as the U.S. economy outperforms Europe and Japan, according to UBS AG. (Bloomberg)
Comment: Welcome to the club, UBS. We have been singing this song since late last year. In fact, a multi-year dollar bull market call, which we have shared here, is one we saw as very similar to the 1992-2002 US dollar bull market.