Uncertainty around US trade and fiscal cuts has translated to serious concern about the growth outlook, which has resulted in the worst weekly performance for the US Dollar in over a year.
Uncertainty around US trade and fiscal cuts has translated to serious concern about the growth outlook, which has resulted in the worst weekly performance for the US Dollar in over a year. The market was, however, able to find some comfort in words from the Fed Chair after Powell talked of a strong economy despite a muddy outlook.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
Comments
Log in or sign up to join the conversation.