Dollar: the ugliest currency of them all?

Mirror, mirror on the wall, which is the ugliest currency of them all? The dollar, fair in the winter turmoil, the markets’ safest bosom, is looking unattractive again. It has slumped from highs of $1.25 per euro in March to $1.38 this week. But in a world enduring the worst slump since the 1930s - belied by insanely exuberant markets - none of the major currencies look attractive. The US central bank isn’t alone in printing money to stave off the threat of deflation. And if markets regain thei...