Mohamed El-Erian Forecasts Dollar Rally Against the Euro and Yen
Look for the dollar to continue on a forward march against other developed-markets currencies for at least the next six months, if not longer.
Robert Stowe England
July 29, 2014
Mohamed El-Erian, former chief executive officer of Pacific Investment Management Co. (PIMCO), stands for a photograph after a Bloomberg Television interview in Irvine, California, U.S., on Wednesday, April 23, 2014. El-Erian, chief economic adviser to Allianz SE, described Bill Gross as one of the worldís best investors in his first television interview since leaving the bond investment firm in March. Photographer: Patrick T. Fallon/Bloomberg *** Local Caption *** Mohamed El-Erian
Patrick T. Fallon/Bloomberg
