Foreign Currencies

Early on in 2020, most foreign currencies followed similar patterns as they fell against the dollar in March as the Coronavirus panic unfolded and investors flocked to relative safety. However, after the dollar spiked, the trend was reversed, and the dollar began falling against most major currencies as the Fed increased the money supply. The DXY, an index tracking the …

International Trade Balance

The US international trade balance is compiled by America’s Customs Agency and represents the value of all goods traded between the US and foreign nations. The balance is the calculated by subtracting total imports from total exports. A negative balance means that imports are more than exports, a positive trade balance means that exports are greater than imports. The international …