The dollar may weaken as the US. does the "heavy lifting" to boost economic growth, portfolio manager Axel Merk tells Bloomberg
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'Risk is coming back into the market and the U.S. has to do the heavy lifting with regard to economic growth,' said Axel Merk, who oversees $500 million as president and chief investment officer of Merk Investments LLC in Palo Alto, California. 'In that context, the commodity currencies do well as do the European currencies.' …"