Dollar Down, With ‘Twin Deficits’ Likely to Extend Dollar Weakness Into 2021

By Administrator_India Capital Sands The dollar was down on Thursday morning in Asia. It ended 2020 on a down note over bets that a global economic recovery in 2021 will pull money into riskier assets, even as the growing U.S. ‘twin deficits’ of a huge budget increase and trade deficits argue for an ever-cheaper greenback. …