‘Dollar Smile’ Theory Suggests Weaker Dollar Ahead, According to Stephen Jen

Stephen Jen, CEO of Eurizon SLJ Capital, believes the U.S. dollar’s diminution is conscionable beginning. Concerns astir the US system and optimism astir maturation overseas person pushed the dollar to a three-month low, aligning with Jen’s long-held prediction of a weaker dollar. Jen’s “dollar smile” mentation suggests the dollar gains during heavy slumps oregon beardown […]