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Dollar Falls out of Favor Again
The US dollar moved higher in September and October after falling broadly since late April when it became clear that populist-nationalist forces would not sweep across Europe, as many had feared in the aftermath of the Brexit referendum and Trump's unexpected victory in the US. It has fallen out fallen out of favor again. This month, the yen and euro are leading the broad move against the greenback. Heading into the last week of the month, only the Australian dollar, among the major currencies, is weaker than it had started the month. It has a central bank that is steadfastly neutral and a government that may be ... (full story)
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