convera.com
FX Weekly Market Update: Politics over macro as dollar rises marginally. Despite signs of the US economy losing steam, the dollar remains appealing due to political turmoil in Europe, Trump rising in the polls, and FX weakness in Asia. The UK’s Q1 growth was upgraded to 0.7%, leading the G7. Meanwhile, USD/CNY is under pressure as Chinese bond yields hit two-decade lows.
over 2 years ago