http://www.marketwatch.com/story/dollar-falls-after-senate-republicans-abandon-bill-to-replace-obamacare-2017-07-18
What's the impact of USD depreciation?
USD fell heavily yesterday (Tues) because of Trump's medical care reform rejection in congress. Trump will have problem pushing for his tax reform and fiscal policies in congress too as he is losing support and confidence.
Commodities will spike up because these are priced in USD and buyers can buy more commodities with cheaper USD. When the demand increases, the price will go up.
2 comments:
Hi Eric,
My name is Anuj Agarwal. I'm Founder of Feedspot.
I would like to personally congratulate you as your blog Stockbank has been selected by our panelist as one of the Top 75 Singapore Investment Blogs on the web.
http://blog.feedspot.com/singapore_investment_blogs/
I personally give you a high-five and want to thank you for your contribution to this world. This is the most comprehensive list of Top 75 Singapore Investment Blogs on the internet and I’m honored to have you as part of this!
Also, you have the honor of displaying the badge on your blog.
Best,
Anuj
Thank you for the honour.
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