The Debate About the Strong Dollar and Its Consequences Is Beginning to Emerge in America.

Concerted action by central banks to calm the strength of the dollar, as was the case with the Plaza Accords in 1985, is still far from being on the agenda.

Will the strong dollar begin to be debated in the United States? Washington has so far been satisfied with the strength of the greenback: the currency's strength, firstly, has confirmed its status as a safe haven in times of geopolitical unrest. The strength of the U.S. dollar, secondly, acknowledges the U.S. lead in the growth and interest rate cycle: …