World faces dollar squeeze: Redward

Economist Peter Redward predicts US dollar strength due to a gradual decline in the supply of greenbacks to global capital markets.
Peter Redward
Peter Redward

The world appears to be awash in US dollars, thanks to the US Federal Reserve’s aggressively loose money supply. Paradoxically, however, global capital markets may be experiencing a gradual tightening of access to greenbacks, according to independent economist Peter Redward.

This suggests to him that the US dollar is likely to appreciate against other major currencies during the next 18 months or more.

The New Zealand-based analyst he previously served as head of emerging Asia research at Barclays in Singapore said “The rest of the world needs dollars to conduct international trade and capital markets activity.”

The source of dollars is from the US...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222