Bessent indicates that the US dollar drop this year is normal variance.
The US still has a strong dollar policyCurrencies move up and downMore fiscal spending in Europe tells you that the euro should appreciateI don’t think anyone is necessarily talking about a shadow FedOne spot on the Fed will open up early in the year when Kugler leavesA group of trade deals (10-12) will be wrapped up by thenApprox 20 other nations will either see reciprocal rates kick in, or will see 10% baseline if they’re negotiating in good faithIt’s all up to TrumpMy inclination is that USTR will start a 301 investigation into Canada’s digital services tax
This article was written by Adam Button at www.forexlive.com.