Odd Lots
This Could Be the Start of a Dollar ‘Doom Loop’ Like No Other
A reverse currency war beckons
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The dollar’s gain is the world’s pain — and based on its current trajectory, the world may be in for a whole lot more discomfort.
Concerns over global growth have recently sent the Bloomberg Dollar Index to the strongest level on record, with the greenback hitting multi-decade highs against currencies like the euro and the yen.