Article provided by FX provider and Expatriate Group partner Halo Financial.
Tough times for the USD
The big news right now is all about the US Dollar, highlighting the close ties between political activity and the strength of a country’s currency. With the potential for a US government shutdown, Sterling has soared against its American rival and is nearing the $1.40 point, with the US Dollar’s other key currency pairing, the Euro, reaching above the €1.22 mark.
There has been an enormous sell-off of the ...