When news reflecting a poor US economic, would the dollar drop or rise? When I first start currency trading, I was thinking it would drops.
Sometimes it does drop, but sometimes, it rises, and people said it is risk aversion. I am very confused about the relationship between poor US economics and weak US dollars. Can anyone explain a bit?
Thanks in advance!
Sometimes it does drop, but sometimes, it rises, and people said it is risk aversion. I am very confused about the relationship between poor US economics and weak US dollars. Can anyone explain a bit?
Thanks in advance!