Media outlets have made much of recent dollar strength, ascribing it to the outlook for rising US interest rates. While that may well be the case, this line of thinking cannot explain why. Ever since President Donald Trump took up office, the dollar index has weakened steadily.
In this week's interview on Core Finance TV, The Trader Nicole Elliott looks at three different currencies, including sterling, and discusses the reasons for some of the moves and prospects for these later this year.
