虽然美国是金融海啸发源地,从基本面看美元也存在结构性贬值因素,但过去一年美元汇率并没有持续下跌,而是大起大落,全年波动幅度近20%。外汇市场历来波诡云谲,美元多少出乎预料的走势值得思索。在目前各界普遍谈论美元贬值趋向的时候,也许更应警惕美元意外升值带来的风险。 Although the United States is the birthplace of the financial tsunami, there are also structural devaluations of the U.S. dollar fundamentally. However, the exchange rate of the U.S. dollar has not continued to drop in the past year, but fluctuated sharply, fluctuating nearly 20% throughout the year. The foreign exchange market has always been so complicated that the unexpected trend of the U.S. dollar is worth considering. At a time when all walks of life generally talk about the trend of the devaluation of the dollar, perhaps even more should be wary of the risks brought about by the unexpected appreciation of the U.S. dollar.