Morning Macro: Foreign Exchange Rates
In The Moment ... April 8, 2019 Show 551 Hour 1
The positive jobs report in America means its a good time for the dollar. Meanwhile, troubles with Brexit are pinching the British pound. That seems logical, yet movements in foreign exchange rates are prickly to predict.
Joe Santos, professor of macroeconomics at South Daktoa State University, explains the exchange rate as part of In The Moment's ongoing Morning Macro series.
Follow Joe's bog at www.schooleddotblog.com.