A Weak Dollar Trend Persists in the Near-Term, Says Citi’s Hollenhorst

A Weak Dollar Trend Persists in the Near-Term, Says Citi’s Hollenhorst

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Interactive Video

Business

University

Hard

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The video discusses the impact of US growth scenarios on the dollar, highlighting that both a weakening and an increase in US growth could lead to a stronger dollar. Currently, a weak dollar trend persists due to global improvements. The US GDP is around 2.0%, driven by consumption, but lacks solid growth due to weaknesses in investment and the industrial sector. A more broad-based growth is desired.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the GDP growth forecast for the United States as discussed in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the composition of U.S. economic growth?

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