Byron Wein releases his annual 10 surprises
Investor Byron Wein used to be a well-known market pundit but now the 82-year-old only makes an appearance once a year to issue his annual 10 market surprises forecast.
He's out with his latest and it includes a bit of forex.
"4. The weak American economy and the soft equity market cause overseas investors to reduce their holdings of American stocks. An uncertain policy agenda as a result of a heated presidential campaign further confuses the outlook. The dollar declines to 1.20 against the euro."
Here were his predictions for 2015 and how we saw them at the time.