MOVERS AND SHAKERS OF THE US MARKET, A CONTINUATION

MOVERS AND SHAKERS OF THE US MARKET, A CONTINUATION. In the previous article we began exploring macroeconomic statistics that drives the US economy and the dollar in general. Now this article will expound in broad and simple terms the remaining key economic factors that drives the US dollar. Recall the prerequisite interpretations on the US data. For markets involving conversion to the USD (e.g AUD/USD , GBP/USD , EUR/USD , XAU/USD etc) if the dollar is strengthening (‘bullish’) these markets will crash/fall. On the contrary, if the USD is weakening…