US President Donald Trump marks Memorial Day at Arlington National Cemetery in Arlington, Virginia, on May 28. Photo: AFP
Macroscope by Neal Kimberley
Why a weaker euro means Trump’s trade war may not be so easy for him to win
Neal Kimberley says moves by the European Central Bank and Federal Reserve may result in a weaker euro against the dollar, affecting the price of US exports and imports, and undermining the president’s aggressive trade moves
UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.