American consumers are currently sitting on a fairly huge nest egg. Equity is at a higher level than ever before, and the personal saving rate has risen to a considerable 7.9% according to NASDAQ figures.
Boy Scouts and Girl Guides have the motto “be prepared.” This can also apply for currency. TFG heard from AFEX’s Trevor Charsley on the latest US dollar updates, including jawboning the dollar, and monetary easing from the ECB.
There were no real surprises whatsoever in last week’s US congressional midterm election, a far cry from Donald Trump’ shock Presidential election victory back in November 2016. Almost fully in… read more →