Is the U.S. dollar overvalued? – Featured in Canadian Investment Review
Kevin Fenwick, CFA, Senior Portfolio Manager at Mondrian Investment Partners recently spoke with Canadian Investment Review on why we believe the US dollar is extremely overvalued. “The way that we look at currencies generally is to take a valuation approach. We don’t try to forecast short-run currency movements. And the reason for that is we don’t believe that we can do that. In fact, we don’t believe anybody really can forecast fluctuations in the [foreign exchange] market in the short run.”
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View our original piece as well.