Trade Deficits: Flummoxed Markets and Cent Leap

trade deficits: The greenback's six per cent leap over the past six months has flummoxed markets from Turkey to Argentina, whose governments have to repay debt in dollars, according to Nine News Australia. The stronger currency, which makes US exports more expensive to foreign buyers, has also frustrated President Donald Trump, who is trying to reduce US trade deficits. To improve your experience update it here News WorldUS stock fund investors show no fear9 10pm Aug 24, 2018Facebook Tweet MailUS fund investors are in no rush to shore up defenses against the strong dollar. Yet among the least popular exchange-traded funds ETFs this year are currency hedged funds, which invest in stocks abroad but strip out the effect of a foreign currency's performance using derivatives. Some investors are betting that the dollar's run has gone too far given the risk of seismic US congressional elections in November or the potential for the US Federal Reserve to slow down the pace of interest rate hikes. That makes the funds more resilient in a King Dollar world, when the greenback is dominant, which hurts US investors converting foreign stock gains back into dollars. (news.financializer.com). As reported in the news.