SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (489)9/15/2017 11:27:22 AM
From: elmatador  Read Replies (1) | Respond to of 13775
 
Investors were optimistic late last year that the DJT administration could cut taxes, pass an infrastructure bill and clear out financial regulations. But they're losing confidence.
...
What else is hurting the dollar's value:

1) Dimming hopes of another rate hike this year at the Federal Reserve

2) Europe's economy is picking up momentum after years of playing catch up to the U.S. economy

3) European political risks, such as the French election and the Brexit vote, are now in the rear view mirror, boosting the euro and the British pound against the dollar. A litany of other factors influence the dollar's value too.

money.cnn.com