It’s simple to argue that tighter US monetary policy and strong US GDP data, fuelled by the Trump administration’s fiscal stimulus, should anyway support a stronger US dollar, but that doesn’t capture all that’s currently driving markets. Photo: Kyodo
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Donald Trump won’t like it, but a strong US dollar reflects a weak yuan more than American economic strength

Neal Kimberley says if analysts are right in linking weaknesses in the Hong Kong dollar, Australian dollar and the emerging market index to a fall in the yuan’s value, then investors can’t ignore developments in China

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It’s simple to argue that tighter US monetary policy and strong US GDP data, fuelled by the Trump administration’s fiscal stimulus, should anyway support a stronger US dollar, but that doesn’t capture all that’s currently driving markets. Photo: Kyodo
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