People ride the Staten Island ferry while passing the Statue of Liberty, in New York City. US GDP expanded by 2.3 per cent in the first quarter of 2018, healthily above the 2 per cent rise that economists had forecast. Photo: AFP 
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Currency market’s bet against the US dollar is getting riskier by the day 

Neal Kimberley warns that the currency market’s aggregate short position on the US dollar is looking vulnerable, with the euro zone performing worse than expected and the latest US data reflecting economic health 

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People ride the Staten Island ferry while passing the Statue of Liberty, in New York City. US GDP expanded by 2.3 per cent in the first quarter of 2018, healthily above the 2 per cent rise that economists had forecast. Photo: AFP 
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