sterling and Brexit

Currency Outlook Highly Dependent on Price of Oil

April 19, 2016

Juxtaposed against rising oil prices, the dollar has depreciated around 2.5% on a trade-weighted basis over the past month.  The U.S. currency has declined by similar percentages against the yen, loonie, and Australian dollar and even more sharply versus the kiwi.  Smaller drops of roughly 1% occurred against the euro and Swiss franc.  A major […] More