The impact of the dollar dive

foreign exchange


Over the past three to four years, the value of the US dollar has tumbled by nearly 40% against the euro and around 30% against the Japanese yen, a fall which has been largely driven by three factors: the ballooning US current account deficit, the imbalance between North American saving and consumption, and inflation-adjusted short-term interest rates in the US that have been significantly below those of other major economies.

But while the weaker dollar is likely to prompt US corporate bond

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here