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[$$] Dollar and trade protectionism jitters will dominate sentiment
A busy week of earnings and data awaits investors, while the strength of the US dollar and trade protectionism jitters dominate trading sentiment. The dollar index has risen more than 7 per cent from its February low, and while Donald Trump’s jawboning weighed on the currency late last week, it looks set to extend its rally given the robust pace of US growth versus the rest of the world. While the dollar index remains 8 per cent below its late 2016 peak that followed the election of Mr Trump, the cost of borrowing has risen a great deal.
https://finance.yahoo.com/m/1a3c417...eafd5777/[$$]-dollar-and-trade.html?.tsrc=rss
A busy week of earnings and data awaits investors, while the strength of the US dollar and trade protectionism jitters dominate trading sentiment. The dollar index has risen more than 7 per cent from its February low, and while Donald Trump’s jawboning weighed on the currency late last week, it looks set to extend its rally given the robust pace of US growth versus the rest of the world. While the dollar index remains 8 per cent below its late 2016 peak that followed the election of Mr Trump, the cost of borrowing has risen a great deal.
https://finance.yahoo.com/m/1a3c417...eafd5777/[$$]-dollar-and-trade.html?.tsrc=rss
