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Bernanke Says Dollar's Two-Year Rally Is Running Out of Steam

  • Former Fed chief's comments build on blog posts on greenback
  • Any further gains require policy divergence from ECB, BOJ
Ben S. Bernanke.

Ben S. Bernanke.

Photographer: Andrew Harrer/Bloomberg
Updated on

Ben S. Bernanke says the greenback may have peaked.

“Much of the appreciation in the dollar may have already happened -- we may not see much more,” the former Federal Reserve Chairman said Tuesday at the Asian Financial Forum in Hong Kong. Further gains depend on the pace of the Fed’s tightening cycle, he said.