Im quite surprised by the very strong reaction that the dollar has to Trumps barrage of tweets. Goes to show how powerful a mans words are.
In any case, I trust the independence of the fed. For now that is. A weak dollar is simply a byproduct of the attractiveness of US interest rates. Besides, a net import nation such as the US would benefit on aggregate from a stronger currency.
Scaled in a small short position on GBPUSD while it was going up. Im rather confident that this movement is a temporary one.
In any case, I trust the independence of the fed. For now that is. A weak dollar is simply a byproduct of the attractiveness of US interest rates. Besides, a net import nation such as the US would benefit on aggregate from a stronger currency.
Scaled in a small short position on GBPUSD while it was going up. Im rather confident that this movement is a temporary one.
I look for value wherever it can be found