The dollar might be the currency of the US, but its weakness is increasingly the rest of the world's problem.
Yesterday, the dollar's trade-weighted index hit a new 12-month low at 76.05. The Bank of Korea was rumoured to have intervened in the market and the Swiss National Bank sabre-rattled, warning that it could also do so.
Dollar weakness is not a problem right now for the US but the corresponding strength for other currencies is a classic threat to those economies, stifling exports just as policymakers struggle to kick-start growth.
您已閱讀32%（541字），剩餘68%（1171字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。