The Long Run Dollar Outlook

The great Lebanese poet Kahlil Gibran once wrote that sometimes the mountain is clearer from the plane than the summit.  This insight may be applied to the foreign exchange market.   Currencies in the modern era, not backed…

A Way Out (?)

The following is a post by Marc Chandler, head of Brown Brother Harriman’s Currency Strategy Team. For more of BBH’s currency views, visit the website here. We have argued that the EU faces a horrible dilemma.  One horn is the moral…

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