SUBSCRIBERS
Will Powell bend to Trump's desire for lower US dollar?
Despite bullish factors behind greenback, investors wary of Trump Administration's wish to keep US competitive
Published Thu, Aug 30, 2018 · 09:50 PM
London
NOTWITHSTANDING its retreat from the peak in recent days, the US dollar's latest rally is underpinned by several factors.
The reasons for its strength this year have been emerging nation foreign currency debt repayments, a strong American economy, a trade deal with Mexico and a potential agreement with Canada.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Thai power demand hits record as extreme heat prompts warnings
Philippines denies deal with China over disputed South China Sea shoal
‘Everyone sits out’: Yangon parks offer heatwave relief
When US diplomats visit China, meal choices are about more than taste buds
China’s first-quarter industrial profits rise at slower pace
Laid-back vibe, stunning beaches, rich cuisine and low cost of living lure more expat retirees to Malaysia