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Wednesday 12 July 2017

U.S. Dollar Could Fall Another 20%: TheStreet

Published on 12 Jul 2017
Foreign-exchange expert Douglas Borthwick said the dollar may keep dropping.

"We've got another 20% to go before I feel satisfied that the U.S. has reached that weaker dollar policy," Borthwick said during Jim Cramer's latest Trading Strategies roundtable for investors.

The dollar index is now lower than it was before the post-election rally that followed the election of President Donald Trump.

"But it's still not low enough," Borthwick said.

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