Overvalued dollar stuck in a viscous trap

By David Potts
Updated September 6 2014 - 10:08am, first published August 24 2014 - 12:15am
A dollar for your thoughts: With greenbacks so cheap to borrow, speculators use them to buy Australian government bonds. Photo: Glenn Hunt
A dollar for your thoughts: With greenbacks so cheap to borrow, speculators use them to buy Australian government bonds. Photo: Glenn Hunt

One of these days the dollar will do as it's told, but don't hold your breath.