Economy
January 17, 2019
SMU Currency Analysis: U.S. Dollar Weakens
Written by Peter Wright
The U.S. dollar has retreated from the last Steel Market Update currency report when it had the highest value on the foreign exchange markets for over 16 years.
In the last month, the dollar weakened against 13 of the 16 currencies that Steel Market Update tracks. This was a turnaround from November when it strengthened against 10 of the 16 and from December when it strengthened against 9 of the 16. Please see the end of this report for an explanation of data sources.
