Dollar weakness will only bring short-term relief – SocGen

Albert Edwards, Research Analyst at Societe Generale, suggests that the dollar’s slide will prove temporary.

Key Quotes

“US domestic inflation conditions will force the Fed’s hand to raise rates, despite the economy sitting on the verge of recession. Not to do so will lose what residue of confidence investors still have in the Fed. The dollar’s recent slide may have helped equities and China, but Japan and the Eurozone are in real trouble.”