George Saravelos, an analyst at Deutsche Bank, said in a report that the impact of recent developments in the global trade war de ́ tente on the dollar is unclear. He said that the more positive news on US trade in recent weeks has benefited the rest of the world more than the US in terms of economic growth. This is bad for the dollar, especially relative to growth-sensitive currencies. However, a less hostile US government is clearly better for the dollar when it comes to external financing fo...