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Stronger for longer is the US dollar theme

No one thought the US economy would be able to shrug off 5% rates this easily. It has been 20 years since the Fed funds rate was this high and the economy was drunk on easy money during the pandemic.Yet even as the hangover kicks in, Americans are still showing up to work, and to shopping centers. US GDP confounded economists with a 2.0% annualized growth rate in Q1 in the final report, compared to 1.4% expected. The change came on a big shift higher in net trade.At the same time, weekly US jobl... Read More

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Stronger

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Forex

Posted: Jun 29 2023, 13:17

Author Name: forexlive

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