Yonhap Infomax NewsThe International Finance Center says the recent sharp decline in the US dollar is excessive, projecting a mixed outlook as global investment banks forecast only a modest 2.7% drop in the dollar index over the next year, with US policy direction and economic indicators remaining key factors.
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International Finance Center - 'Dollar Weakness Overdone—Mixed Outlook Tied to US Policy'
The International Finance Center says the recent sharp decline in the US dollar is excessive, projecting a mixed outlook as global investment banks forecast only a modest 2.7% drop in the dollar index over the next year, with US policy direction and economic indicators remaining key factors.