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Weak US dollar unaffected by trade optimism
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The US dollar is in low hours. The index that measures its behavior against a six-currency basket has depreciated more than 10% against the rest of the world.
Weak US dollar unaffected by trade optimism
Despite recent optimism around interim trade deals, the US dollar remains weak against major global currencies. The possibility of reaching limited agreements by the upcoming July 9 deadline has eased fears of a breakdown in commercial relationships between the US and its key trading partners, but this optimism hasn't translated into a stronger USD. Why the dollar remains weak Traders expected the positive headlines about trade deals—such as the…
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