Yes, the almighty dollar is not as mighty as it was before the US Federal Reserve surprised markets with a more-dovish-than-expected communiqué earlier this month. But, given the likely interest-rate differential between the US and other advanced economies (particularly the eurozone and Japan), together with a more robust US economic recovery, an era of dollar strength – and, almost by definition, weak emerging-market currencies – is here to stay.
是的，在美联储本月早些时候出人意料地释放出比预期更为“鸽派”的立场后，美元的强势有些减弱。但是，考虑到美国和其他发达经济体（特别是欧元和日本）之间可能的利差，再加上美国经济复苏的日益稳健，美元升值的时代——这几乎是新兴市场货币贬值的代名词——也许还将持续。