I'm flummoxed every time I read or hear the US dollar is falling because of concern about war with Iraq.
There are valid reasons for the dollar to be weak. A war with Iraq is not one of them. The causal link between a war with Iraq and a weak dollar is fragile. Whether the war turns out to be a lightning-quick event or a long drawn-out engagement, a war that ushers in democracy in the Middle East or destabilises the entire region, isn't inherently negative for the dollar. In fact, only one of th
The week on Risk.net, July 14–20, 2017Receive this by email