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Bitcoin

92,000,000 dollars, the asset manager says that the US dollar is exaggerated for many years so far. “Trend ultimately warns of the American currency

His company expects that the US dollar will travel in the short term to the average.

Jeffrey Sherman notes in a new interview With CNBC, the capital journey is one of the main reasons for its prediction.

“If you look at the purchasing power and thinking measures in the dollar, and on a basket raised in trade, the dollar has been exaggerated for many years until now.”

Sherman also argues that the Trump administration and Treasury Secretary Scott Payet wants to weaken the dollar this session “because it helps absorb some of these policies.”

In addition, CIO says that gold looks strong, noting that DouBleline has continued to recommend that gold allocate to its customers.

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The US dollar index (DXY) has been nearly 0.5 % of its value in the past thirty days, or nearly 5 % in the past three months and about 9 % so far.

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