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Apr 01 2017

Dollar Edges up but Eeads for Worst Quarter in a Year

Rate Range Projection by Bank

Next week 110.50 – 113.50

Next 3 months 108.00 – 115.00

Over the quarter, though, the greenback has fallen 1.7 percent .DXY against a basket of major currencies, its worst showing in a year, on doubts that U.S. President Donald Trump was not prioritizing - and did not have the necessary power - to push through Congress the economic reforms that had driven the dollar to 14-year highs at the start of the year

Revised U.S. gross domestic product data on Thursday showed that U.S. fourth quarter growth slowed less than previously reported as consumer spending provided a boost that was partially offset by the largest gain in imports in two years



"DO NOT COPY" Above Currency Analysis, Prepared & All Rights Reserved By Zulfiqar Motors Co., Ltd



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