Economy / FinanceRomeo Full Staff

US Dollar Rises Against Major Counterparts


Dollar Rises Against Major Counterparts The U.S. dollar firmed against its major counterparts on Tuesday, as weaker-than-expected trade data from China, and Moody’s downgrade of the credit ratings of about ten small and mid-sized banks in the U.S lifted the currency’s safe-haven appeal. China’s exports and imports both fell more than expected in July, threatening recovery prospects and adding to pressure on policymakers to unveil additional stimulus. Chinese exports fell 14.5% from a year earlier in July, while imports tumbled 12.5% in a sign of weak overseas and domestic demand. In U.S. economic news, data showed U.S. trade deficit narrowed…

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Simon Black: Another Day, Another Downgrade for America

Previous article

45th President of the United States Donald J. Trump to Visit the Iowa State Fair

Next article

You may also like


Comments are closed.