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Take Five: "Our currency, your problem" - all over again

From reuters.com

The dollar juggernaut rolls on. The U.S. currency has rocketed to a near three-year high versus the euro EUR=, a 10-month high against the yen and an 11-year peak versus the Aussie. This month alone it's added 2.5% against six currency peers. Economic indicators are reinforcing the U.S growth engine’s outperformance. The United States has the highest bond yields among developed nations and its companies keep beating earnings forecasts. It’s relative resilience to coronavirus damage makes it today’s safe-haven of choice. President Donald Trump has been oddly silent on the subject but it’s probably a matter of time ... (full story)

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  • Category: Fundamental Analysis