![]() ![]() dollar weakening? Primarily, the dollar has been more or less 20% overvalued before May, which eventually led to the slide in the past three months. Notably, currency strategists at Goldman Sachs now predict a 5% weaker dollar compared to other major currencies in the world next year.īut why is the U.S. ![]() ![]() In fact, the index that measures the greenback against six other major currencies is down nearly 9% from its March highs and is on track for its worst month since 2011. dollar index has slipped nearly 7% in the last three-month period. dollar continues to hover near a two-year low, with currency strategists apprehending more declines ahead. Here's the Best Way to Play a Weakening Dollar ![]()
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