Foreign Exchange Insights and Next Week
Taking a Long View of the Dollar
May 17, 2026
A paradox of recent foreign exchange conditions is that while the phenomenon of upwardly shifting inflation prospects and downwardly shifting economic growth forecasts concerning 2026 around the world was a by-product of the U.S. decision to wage war against Iran, the U.S. dollar has so far weathered the storm surprisingly well. As the world’s hegemonic […] More