After all, the Bloomberg Dollar Spot Index has dropped about 12 percent since the start of 2017, but the trade deficit has only gotten bigger. Why do foreigners … The foreign earnings of U.S.-based multinationals go up via currency translation effects, so equity markets are happy on the whole. And since a …
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Consumer prices rose an annual 2.5% that month, compared with 2.7% recorded in February. The cooler inflation figure is reducing odds that the Bank of England will raise interest rates in its May meeting, which was weighing on sterling. The currency had traded as high as $1.4377 intraday Tuesday, …
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The report concluded that while the currency practices of the 6 peer countries were found to require close attention, no major US trading partner met the relevant legislative criteria for enhanced analysis in Y 2017. Further, no trading partner was found to have met the legislative standards for currency …
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Trade issues might always resurface, we have the impression that this theme is moving a bit to the background. However, global risk sentiment recently had only a modest impact on major FX cross rates. In this context, we expect more technical trading within the established range. EUR/USD is perfectly …
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