Tuesday, January 17, 2017

Dollar Nosedives After Trump Comments


The dollar weakened and gold advanced with bonds after President-elect Donald Trump said the U.S. currency is already “too strong.”

The U.S. currency fell against most major currencies after Trump told the Wall Street Journal its value is too high in part because China holds down its currency. 



  -RW

(via Bloomberg)

1 comment:

  1. He will be able to put up that wall using cheaper dollars.

    ReplyDelete