-
Dollar caught in crossfire as Trump talks tough on currencies
The dollar struggled to regain its poise on Wednesday after the Trump administration accused Germany, Japan and China of devaluing their currencies to gain a trade advantage, adding to a risk-off mood that also kept stocks subdued. The U.S. currency suffered its worst January in three decades after President Donald Trump complained that every "other country lives on devaluation." Just hours earlier, his top trade adviser said Germany was using a "grossly undervalued" euro to exploit its trading partners. The accusations drew rebuttals from German and Japanese officials, but looked likely to run for some time. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Feb 1, 2017 9:07am Feb 1, 2017 9:07am
- glenngie
- | Joined Nov 2009 | Status: Member | 1323 Comments
- Comment #2
- Quote
- Feb 1, 2017 9:39am Feb 1, 2017 9:39am
- ikouki
- | Joined Oct 2016 | Status: Member | 108 Comments
Trading is not for everyone.
- Comment #3
- Quote
- Feb 1, 2017 9:41am Feb 1, 2017 9:41am
- ikouki
- | Joined Oct 2016 | Status: Member | 108 Comments
Trading is not for everyone.
- Comment #4
- Quote
- Feb 1, 2017 10:40am Feb 1, 2017 10:40am
- gandolf13
- | Joined May 2015 | Status: Member | 480 Comments
- Comment #5
- Quote
- Feb 1, 2017 10:45am Feb 1, 2017 10:45am
- glenngie
- | Joined Nov 2009 | Status: Member | 1323 Comments
- Comment #6
- Quote
- Feb 1, 2017 11:23am Feb 1, 2017 11:23am
- gandolf13
- | Joined May 2015 | Status: Member | 480 Comments