Bloomberg with a piece on a chap predicting a big fall for the US dollar, but it is a long term sort of view
- USD to lose 40% against the euro … by 2024
(hello scalpers and day traders, thanks for tuning in, 'bye now! :-D )
Bloomberg describe Ulf Lindahl as
- a 40-year veteran of the foreign exchange market
- who hedges foreign exchange risk for pension funds and family offices in the U.S. and Europe
Lindahl cites:
- dollar has been repeating a 15-year cycle of losses and gains, and the pattern is replaying now
If you want more (there isn't much), Bloomberg link here
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I prefer my cycles to be pushbikes, but thanks anyway Mr. Lindahl