Alistair MacDonald
Senior Reporter at The Wall Street Journal
Senior reporter at The Wall Street Journal currently writing about Ukraine and the European defence industry. Views expressed are my own.
Articles
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1 week ago |
wsj.com | Chelsey Dulaney |Alistair MacDonald
The U.S. currency resumed its rapid weakening on Wednesday, hitting fresh lows against the euro, the British pound, the Japanese yen and the Swiss franc. The dollar decline has been historic, with the ICE U.S. Dollar Index, a measure of the dollar against a basket of currencies, slipping 8% this year, its worst start to a year since 1995. For foreign sellers of all manner of goods, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. Dig deeper:
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1 week ago |
wsj.com | Chelsey Dulaney |Alistair MacDonald
The unexpected weakening of the U.S. dollar is suddenly becoming the rest of the world’s problem. For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. For central banks around the world, the rapid strengthening of their own currencies heaps pressure to cut interest rates more aggressively.
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1 week ago |
wsj.com | Chelsey Dulaney |Alistair MacDonald
The unexpected weakening of the U.S. dollar is suddenly becoming the rest of the world’s problem. For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. For central banks around the world, the rapid strengthening of their own currencies heaps pressure to cut interest rates more aggressively.
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1 week ago |
wsj.com | Chelsey Dulaney |Alistair MacDonald
The unexpected weakening of the U.S. dollar is suddenly becoming the rest of the world’s problem. For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies. For central banks around the world, the rapid strengthening of their own currencies heaps pressure to cut interest rates more aggressively.
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1 week ago |
wsj.com | Alistair MacDonald
U.S. customers of Matilde Poggi's Italian winery are finally unfreezing their orders. Some customers had been waiting since last month to see whether tariffs would be applied and how much it would cost. Last week's 20% tariff on European Union goods did nothing to help. Trade body Fédération des Exportateurs de Vins et Spiritueux de France said that exports from Europe's wine and spirits sector could fall by €1.6 billion under a 20% tariff.
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