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New data shows the US dollar still dominates foreign exchange markets – despite Trump’s economic chaos

  • Written by The Conversation
New data shows the US dollar still dominates foreign exchange markets – despite Trump’s economic chaosNurPhoto/Getty

Reports of the death of the US dollar appear to be greatly exaggerated (like that of author Mark Twain).

Global trading in the foreign exchange market has risen to almost US$10 trillion (A$15 trillion) per day. This figure comes from a survey released overnight by the Bank for International Settlements covering transactions in April....

Read more: New data shows the US dollar still dominates foreign exchange markets – despite Trump’s economic...

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