Policy by the central bank, interest rate differentials and a risk haven move into U.S. dollar-denominated assets are driving up the dollar against major trading currencies. … READ MORE >
U.S. dollar
CHART OF THE DAY: Foreign investment in U.S. securities rebounds
The latest data from the Treasury International Capital System indicates a 65% increase in net foreign long-term portfolio investment in U.S. securities compared to the imposition of tariffs on China in July 2018, and a 138% increase since February 2019, the month before the pandemic. … READ MORE >