BCA Insights

Expectations Of A US Dollar Demise Are Premature

Written by BCA Insights | Apr 19, 2023 10:59:00 AM

The U.S. dollar has been weak in recent months, but it may be about to rebound. The dollar has depreciated against low-yielding currencies like the euro, Swiss franc, and Japanese yen. However, it has been firming against commodity currencies like the Australian dollar, New Zealand dollar, and Canadian dollar.