USD bearing the brunt of anemic global economic confidence

Posted on August 1st, 2016

The USD’s performance last week was particularly lackluster after what should have been a supportive FOMC statement, and it was slapped back into a broad down-trend by a disappointing BoJ meeting and a weak US Q2 GDP report. Not only did the BoJ fail to meet expectations of more QQE/NIRP, its decision to raises ETF […]