A euro sign sculpture is illuminated near the former European Central Bank headquarters in Frankfurt, Germany, in January 2016. The euro-zone slowdown is reflected in the falling value of the region’s currency. Photo: Reuters 
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

What’s behind the dollar surge? Look to Europe, not US interest rates

Nicholas Spiro says the rise in US Treasury yields has contributed to the dollar’s rise but the slowdown in the euro-zone economy has been a more influential factor. Not surprisingly, quantitative easing appears here to stay, in Europe and Japan

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A euro sign sculpture is illuminated near the former European Central Bank headquarters in Frankfurt, Germany, in January 2016. The euro-zone slowdown is reflected in the falling value of the region’s currency. Photo: Reuters 
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