USA confidence fades, EUR fortunes rise, AUD angst builds

Posted on March 28th, 2017

The outlook for the USD looks weaker on a number of counts – Trump optimism has faded, the Fed has emphasized a gradual approach, and recent US economic data is more mixed.  In contrast, political risk is ebbing in the Eurozone and activity indicators have accelerated.  US equities look relatively expensive, and the market may view […]