Archive for April 13th, 2017

US interest rates and the yen seemed to stabilize before US President Trump’s Wall Street Journal interview was released. For the first time in months, Trump used the bully pulpit to push the dollar down.
The real broad trade-weighted dollar rose in seven of the last eight months in 2016, including the last four months of the year. It has fallen in the first three months of 2017. US exports are up 6.7% year-over-year in February. Exports trended lower in 2015 but recovered steadily last year and were at two-year highs in February.
Trump said the dollar was getting so strong that hit…

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