Foreign Exchange Insights and Next Week
U.S. Trade Policy and the Dollar
August 20, 2018
Even as a candidate in 2015-16, President Trump identified reducing the U.S. merchandise trade deficit as a top economic policy goal. There have been several other U.S. administrations in the floating exchange rate era that have taken steps to cut America’s external imbalance, but the Trump administration is taking an approach that hasn’t put the […] More
New Overnight Developments Abroad - Daily Update
Few Data Releases, Firmer Share Prices and Metals, Steady Oil and Sovereign Debt Yields
August 20, 2018
Dollar/yen is unchanged. The dollar is down 0.3% against the yuan but has risen 0.3% against the euro, 0.2% relative to the Australian dollar, kiwi, and Mexican peso, and 0.1% versus the Swiss franc, loonie and sterling. Equities climbed Monday by 1.9% in Indonesia, 1.5% in Hong Kong, 1.1% in South Korea, 0.9% in India […] More
