Foreign Exchange Insights and Next Week
Dollar Reflecting an Erosion of Respect
January 24, 2018
Viewed from a very wide angle lens, currency valuations reflect the present value of a country’s perceived future. The perceived economic potential of a nation plays a big role in this evaluation. Investors want a store of value that is associated with a steady and desirable rate of inflation. A currency that holds its internal […] More
New Overnight Developments Abroad - Daily Update
International Tensions Over Trade Deepen
January 24, 2018
Former U.S. Secretary of Treasurer Robert Rubin famously said in 1995 that a “strong dollar is in the best interest of the United States” because it promotes price stability, lowers interest rates, and attracts productive foreign capital. That thinking went on to characterize U.S. policy for more than 20 years until the election of President […] More
