Marc Faber Says Dollar May Rise 5-10% Versus Euro

Dec. 28 (Bloomberg) -- Marc Faber, publisher of the Gloom, Boom & Doom Report, talks with Bloomberg's Deirdre Bolton and Jon Erlichman about the outlook for the U.S. dollar. Faber also discusses expectations for U.S. stocks, investment strategy and inflation. (This report is an excerpt. Source: Bloomberg)
“Sentiment on the U.S. dollar was really extremely negative over the last three months,” Hong Kong-based Faber said. “The other currencies are not much better. The dollar will appreciate against the euro by another 5 to 10 percent, and later on we’ll have to see, but that would be a near-term target.”