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Currency Market Analysis

Global Themes

The U.S. dollar steadied above seven-week lows against euro and its weakest in four months against the yen ahead of today’s crucial vote in Washington on healthcare reform. The vote is considered a harbinger for President Trump’s ambitious agenda to strengthen U.S. economic prosperity. The president’s pro-growth platform was the driving force that propelled the greenback to 14-year highs in the wake of the election. Successful passage of the deal, dubbed the American Health Care Act, would bode favorably for the president’s ability to implement other agenda items like tax cuts, a scenario that

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