An analysis of dollar weakness through 1995 and argues that it may remain weak unless underlying issues are dealt with.
Written in 1995; 1,800 words; 13 sources; $ 63.95
From the Paper:
"Introduction
During the first six months of 1995, the U.S. dollar rebounded from 80 yen and 1.35 deutsche marks to approximately 100 yen and 1.42 D-marks. (Levy, 1995). Yet despite this recent rise, dollar weakness overall has accelerated during the past few years. Even so, many commentators and investors continue to believe that the outlook for the dollar is promising, or to put it more bluntly, that long positions in the dollar will eventually be rewarded (Los Angeles Times, October 6, 1994). Part of the reason for this optimism is the failure to grasp the real issues underlying the dollar weakness (See Table 1).
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