Slight Bounce By The Dollar Despite Weaker GDP - FinanceFeeds
6 Articles
6 Articles
Slight Bounce By The Dollar Despite Weaker GDP - FinanceFeeds
American advance GDP for the first quarter surprised at negative 0.3%. It’s been another active week so far for forex markets after American advance GDP came in significantly weaker than expected. There has been less focus on tariffs in the last few days amid a generally positive earnings season and in the runup to the NFP on 2 May. This article summarises recent events affecting the US dollar, especially GDP, then looks briefly at the charts of…
Another data released this Thursday shows that the economy of the United States contracts with Donald Trump
Manufacturing activity in the United States deepened its fall in April as uncertainty caused by President Donald Trump's tariff policies expands in the sector, according to data from a poll published on Thursday.In early April, Trump announced a series of tariffs for all his trading partners, but shortly thereafter suspended them except for China, which faces 145% surcharges for many of his products.The Republican's comings and goings with tarif…
“Trump’s unpredictability will hurt growth no matter what”
These days, there is a long way between happy faces and optimism among American economists. Analyses and forecasts indicate that President Donald Trump's trade policy has predicted enormous damage to the American economy, which could lead the country to a recession. The Trump administration says that the tariffs that are currently having such a big impact on the United States should function as a negotiating strategy with the affected countries.…
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