(Bloomberg) — The dollar had an awful December and things may only get worse.That’s the view of a growing number of fund managers and strategists including those at M&G Investments Ltd., Brandywine Global Investment Management and ABN Amro Bank NV. A truce in the U.S.-China trade war, improving global growth and a shrinking yield premium on U.S. Treasuries will undermine the currency, they said.“We expect to see better growth in the rest of the world ex-USA,” said Jack McIntyre, a portfolio manager at Brandywine Global Investment Management in Philadelphia. “The primary driver of dollar weakness will be a shift in …read more
Source:: Yahoo Finance
