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Home International Markets

What’s behind the dollar surge? Look to Europe, not US interest rates

byCT Report
10/05/2018
in International Markets
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US ; The world’s financial markets are influenced by a multitude of factors, which is why it is a mistake to place too much emphasis on one particular development or trend.

Since April 16, the dollar index, a gauge of the greenback’s performance against a basket of other leading currencies, has shot up more than 4 per cent to its highest level since the end of 2017. Last month, the dollar enjoyed its best month since Donald Trump’s victory in the US presidential election in November 2016.

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