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Tuesday, Dec 4
2012, 3:17 PM
The best way to judge the dollar's value, says Scott Grannis, is trade-weighted and...
The best way to judge the dollar's value, says Scott Grannis, is trade-weighted and inflation-adjusted, and by that standard the greenback is at about its lowest level in modern history. The good news for dollar bulls, he says, is it may be hard for things to get much worse. The bad news - that the dollar is so weak against the currencies of dismal economies like the EU, U.K., and Japan.