There is only one trade in town at the moment — sell the ailing dollar and buy gold — but investors could fare well by going against the grain.
The dollar tumbled to a 15-month low against top currencies last Monday. It closed the week at $1.65 to the pound, taking it down almost 14% so far this year. …….
………. exposure to the dollar can be obtained by investing in US equities………
Steve Wilson at Alan Steel Asset Management likes the Neptune US Opportunities and Martin Currie North American funds, up 18% and 9% respectively in the year to date.
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Quote courtesy of The Sunday Times
