020 7898 0500The US dollar index was down 0.2% yesterday, as the latest economic data from the US did little to change recent views that the economy is only growing modestly, despite optimism over Trump’s pro-growth agenda.
Newly released unemployment figures showed that the labour market remains strong. The continuing claims figure – which is seen as a good measure of unemployment – was at its lowest level for 17 years.
Meanwhile, in Washington, world finance ministers and top central bankers met to talk about the global economy. The discussions are expected to focus on Trump’s government as well as its protectionist trade policies and how they will impact the global economy.
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