I would have expected the USD to strengthen given that the Fed is the only central bank in the world that is hiking interest rates. Shouldn't that attract greater foreign capital flow and therefore lead to an appreciating USD? Instead, its down 10% YTD.
What am I missing here?
Submitted August 03, 2017 at 05:10AM by TatyaBhau http://ift.tt/2uZ0uxd
