USD - The Fate Of The U.S. Dollar

2024-07-03 09:55:40 ET

Summary

• A great deal more uncertainty surrounds the future of the U.S. presidency than existed last Thursday afternoon.
• As a consequence, a great deal more uncertainty surrounds the future of the U.S. dollar now, than existed last Thursday afternoon.
• Investors need to keep their eye on the value of the U.S. dollar to follow how investors are reacting to the evolving state of the upcoming presidential election.

I just wrote about the value of the U.S. dollar.

It was posted around 1:00 pm on the east coast, last Thursday.

The presidential debate took place last Thursday, beginning at 9:00 pm.

So, today I read in the Financial Times, " Fate of dollar rest on result of U.S. election," written by Barry Eichengreen, professor of economics and political science at the University of California....

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