The US dollar has been boosted by many different factors this year but the one that keeps coming back is economic growth. Once again, the American economy showed its dynamism on the housebuilding front. Today’s GDP release is another chance to demonstrate just why so many investors are placing their confidence in the US dollar.
EUR/USD: the past year
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 7898 0500 or your Private Client Account Manager on 020 7898 0541.