-
Trump’s Victory: What’s Next for Currencies?
Much of the world has been waging a cold currency war since the autumn of 2016, and so far the winner is Donald Trump. The dollar rally that followed the U.S. election is over, and this past week the U.S. Dollar Index (DXY, which tracks the dollar’s value versus a weighted basket of major currencies) sank to its lowest level in more than a year. While the U.S. administration and the Republican majority in Congress are yet to deliver on most of their policy goals, they have succeeded in making the dollar more competitive. How? By putting an end to the decades-long official mantra that “a strong dollar is in our ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jul 26, 2017 8:05pm Jul 26, 2017 8:05pm
- wolfeman
- | Joined Apr 2007 | Status: Member | 18 Comments
- Comment #2
- Quote
- Jul 26, 2017 8:17pm Jul 26, 2017 8:17pm
- roger44
- Joined Sep 2014 | Status: Member | 614 Comments
- Comment #3
- Quote
- Jul 26, 2017 8:48pm Jul 26, 2017 8:48pm
- CoolJL
- | Joined May 2011 | Status: Member | 811 Comments
- Comment #4
- Quote
- Jul 27, 2017 3:42am Jul 27, 2017 3:42am
- StrongOnStab
- | Membership Revoked | Joined Jun 2017 | 80 Comments
- Comment #5
- Quote
- Edited 4:00am Jul 27, 2017 3:47am | Edited 4:00am
- cliffedwards
- | Membership Revoked | Joined May 2006 | 3078 Comments