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U.S. Economy Gathering Steam - November 23, 2014

U.S. Economy Gathering Steam - November 23, 2014

5 Years ago | November 23, 2014 00:00:00



Train Pulling Out of the Station?
In general, the currencies of the strongest economies tend to outperform others. Based on recent economic data, the U.S. economy appears to be starting to gather forward momentum, but its improving path has not been smooth. The U.K. had been improving but it has started to slow due to the drag of the Eurozone.

Otherwise the Eurozone, Japan, and China have been struggling, and finally have been taking actions on the monetary policy front to address their weaknesses. Keep in mind the time lag between monetary policy ease and a positive economic response can be considerable. This means the EUR and JPY should remain fundamentally weak for a considerable period of time, while the

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