A man talks on his mobile phone in front of a currency exchange bureau advertisement showing images of the US dollar in Cairo. The dollar has had a good run for its money over the past few years on the strength of the “Trump effect”. Photo: Reuters
Opinion
Opinion
Macroscope
As trade tension recedes, Trump’s re-election bid will set the battleground for US dollar bulls and bears
- The positive impact of a trade deal with China will outweigh the downside risks of a potential conflict in the Gulf, leaving domestic politics to play a key role in whether market confidence in the US dollar will hold
A man talks on his mobile phone in front of a currency exchange bureau advertisement showing images of the US dollar in Cairo. The dollar has had a good run for its money over the past few years on the strength of the “Trump effect”. Photo: Reuters