DoubleLine Capital Sees Scope for US Dollar to Sink Further

The dollar is primed to fall a lot further and the appointment of a new Federal Reserve chair who’s willing to cut interest rates quickly could be the catalyst, according to Bill Campbell, portfolio manager at DoubleLine Capital.

“There’s potentially a lot more gas left in the tank for the dollar to move lower,” Campbell said in an interview. DoubleLine Capital had $95 billion in assets under management in September 2024.