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With assets like stocks and bonds, there are clear techniques you can use to value them. But what about currencies? They don't produce cash flows. They don't offer any particular claim on assets. They're all priced relative to other currencies. So how do you go about determining their value? On this week's episode of the Odd Lots podcast, we speak to longtime currency market veteran Marc Chandler of Bannockburn Global Forex about how he approaches the foreign exchange market, and what the future of the U.S. dollar may hold.
To contact the editor responsible for this story: Topher Forhecz at tforhecz@bloomberg.net
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