Trump better get used to the high $US
The US dollar is neither "too high", nor is it "killing American exporters", Donald Trump's protestations notwithstanding.
The US dollar is neither "too high", nor is it "killing American exporters", Donald Trump's protestations notwithstanding.
The New Zealand dollar rose to a 10-week high after data showed inflation was back in the central bank's target range.
Fallout from Brexit points to the pound losing its rank, and relevancy, in the $US11 trillion stockpile of currency reserves.
Sterling shot higher against the euro and dollar on Wednesday ahead of Theresa May's meeting with Donald Trump.
Inflation continues to languish below the RBA's 2-3 per cent target, prompting investors to extinguish all bets that 2017 will see the first official rate hike in more than six years.
Sterling fell after the UK Supreme Court ruled that the government must go through parliament to trigger Article 50.
The greenback continues to weaken on worries that the Trump administration's protectionist stance will include seeking a weaker currency.
China's battle against capital flight is threatening the country's trade flows, with recent restrictions hampering business
The sterling's slide has a created a dividend windfall with UK payouts increasing by a record £5.2 billion in the fourth quarter.
The greenback edged lower in choppy trading as investors found few reasons to make big bets on the US currency.
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