Question

Go to the internet and find a news article published within the last three months that discusses macroeconomic effects of exchange rates, summarize key points and post in the Discussions area.

Answer 1

Key points

1 The pound has appreciated aggressively against the US dollar in 2018. The pound is 1.40 against the US dollar.

2. This due to a weak US dollar and expectations about a soft Brexit.

3. By mid-2018, the pound is expected to fall to 1.38 against the US dollar because of monetary tightening in the US.

http://markets.businessinsider.com/currencies/news/pound-dollar-exchange-rate-early-2018-rally-pantheon-macroeconomics-2018-1-1014666135

The best of 2018 may already be over for the pound

Will Martin

Jan. 31, 2018, 05:48 AM