Lates News

Deutsche Bank analyst George Saravelos stated in a report that the recent progress in easing global trade tensions has an unclear impact on the US dollar. He said that in recent weeks, more positive news about US trade has benefited the economic growth of other regions more than the US. This is detrimental to the US dollar, especially in comparison to currencies sensitive to economic growth. However, a less hostile US government is evidently more beneficial for the US dollar in terms of external financing, as it will not overly hinder the inflow of funds.