Deutsche Bank: Impact of U.S. trade progress on U.S. dollar is unclear
According to online reports, Deutsche Bank analyst George Saravelos said in a report that the impact of the recent easing of the global trade war on the US dollar is unclear. He said the more positive news about U.S. trade in recent weeks has benefited the rest of the world more than the United States in terms of economic growth. This is bad for the dollar, especially for currencies that are sensitive to economic growth. However, for external financing in the United States, a less hostile U.S. government is clearly better for the dollar because it will not hinder capital inflows too much.
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