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USD strength tightening US conditions - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted that after a poor start to the year, the US dollar has performed better recently.

Key Quotes

"The heavily European-weighted Dollar Index is at its highest level since last September."

"On a trade-weighted basis, the dollar is near its best level since July 2013”.

“If the decline in the euro has eased conditions in the euro area, as ECB President Draghi has suggested, the dollar's appreciation has tighten US conditions, on the margin."

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