Market Currents
How fracking could save the dollar, according to RBC Capital: As the U.S. eventually becomes a...
-
Wednesday, December 5, 2012, 5:56 PM ETHow fracking could save the dollar, according to RBC Capital: As the U.S. eventually becomes a net energy exporter, the U.S. trade deficit will shrink and convert the current account deficit into a surplus - inevitably providing long-term support for the dollar. As expectations of America's biggest foreign creditors are adjusted, the market may rethink the dollar’s trajectory sooner rather than later.
Other date
Latest Energy & Materials Articles
This news story has 1 comment: