Not exact matches
After his speech, Poloz said the
recent weakness in the loonie hasn't had much of an impact on Canadian exports, which tend to benefit from a slide in the
dollar.
Given the
recent weakness in the
dollar, the modest acceleration in hourly wages and stable leading indicators, for now my view is that the U.S. economy will continue to expand in the coming quarters.
Schlossberg said once the risk aversion fades, the
dollar may also run into trouble if the economy is beginning to sputter, with
recent weakness in housing data and this week's soft February retail sales.
To the extent that
dollar weakness reflects disproportionate improvement abroad, it undercuts claims that US policy is the reason for
recent strong performance since Donald Trump is not president of the whole world.
Following Christmas and New Year holidays we have seen a new bout of
dollar weakness across the board which may not be over yet based on
recent price developments.
Recent weakness in the Australian
dollar may have reflected the fact that the market had become over-extended as the exchange rate had risen for six months in a row, with a cumulative rise of 25 per cent.
Our exchange rate against the US
dollar and the currencies of most of our trading partners has shown little net change over the past year, and the rise in the trade - weighted index in
recent months has been due mainly to the
weakness being experienced by the Japanese yen.
Despite the continued
weakness in commodity markets, the further decline in the Australian
dollar against the major international currencies has meant that, in domestic - currency terms, commodity prices have remained roughly stable in
recent months.
Even extreme
recent U.S.
dollar weakness has failed to stem Bitcoin's harrowing drop from $ 19,000 in mid-December.