There seem to be a number of factors, that have clear historical precedent, that could squeeze the dollar much higher, even if only temporarily. Most of these factors...
Many have commentated in the past about the similarities between China now and the post-boom Japanese economy.
Given the significant depreciation of the renminbi (CNY), Vietnamese businesses should diversify their exports beyond China.
The US trade deficit increased 27.0% last year to an all-time high of $859.1 billion. The trade deficit was at $676.7 billion in 2020. How does it impact the US dollar?
The Chinese economy is slowing notably at a time when most others, such as the US, have been rebounding strongly. So how will the renminbi fluctuate by end-year?
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