Currencies
Dollar’s Busted Bull Run Has Bears Calling End of an Era
- Standard Bank expects ‘multi-year downtrend’ is coming
- Goldman, Invesco are skeptical that weakness will deepen
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It just may have been the week that broke the dollar.
The greenback’s worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world’s primary reserve currency. If they’re right, there will be far-reaching consequences for global economies and financial markets.