Day: January 1, 2019

US Dollar Hit by Weaker Manufacturing Data

The US dollar is kicking off 2019 lower against some of its major currency rivals. On Tuesday, the greenback took a slight hit on weaker December manufacturing data, as well as markets forecasting a more dovish Federal Reserve this year. Can the buck mirror its incredible but surprising performance from 2018? Or it will retreat amid political turmoil and geopolitical tensions? For the first time since May 2016, five […]