The move reflected
dollar weakness caused by a less hawkish than expected Fed statement following its widely anticipated decision to leave policy on hold.
Not exact matches
Chapman expects it will develop into a prolonged recession
caused largely by the bursting of the housing bubble and the
weakness in the
dollar attributable to the United States» large federal budget deficit and international trade imbalance.
Furthermore,
weakness of the euro and the British pound against the US
dollar, combined with market volatility
caused by ongoing geopolitical uncertainty, presents managers with additional stock - picking opportunities in the region.
Weaknesses in this approach may
cause costs to be over - or understated by billions of
dollars.