Monex Europe: watch for further cracks in the dollar
US is slowing with the rest of the world, as trade uncertainty and external conditions begin to bite
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As the US economy decelerates along with the rest of the world further cracks will begin to appear in the dollar this quarter, amid lingering uncertainty around trade tensions, says Ranko Berich, head of market analysis at Monex Europe.
“Our base case is that the US economy slows over the coming quarters, as uncertainty on trade and weak external conditions begin to bite,” Berich says. “We remain sceptical that a solution to the trade war can easily be found in the
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