Americas Economic overview

The weak United States dollar index will continue to support exports of US pipeline gas and LNG to Mexico and Chile.

The increasing likelihood that the US will refrain from aggressive monetary tightening measures will continue to weigh on the dollar index, which reflects the strength of the US dollar against major global currencies. Jerome Powell took over from Janet Yellen as chair of the US Federal Reserve in February. Powell is considered to be a ‘monetary dove’, prompting speculation that interest rates will not be...