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Dollar Rebounding On Trump Comments
The dollar was down against all of its major rivals for much of Thursday's session, but has staged a recovery this afternoon. The reversal was sparked by comments from President Donald Trump. A day after remarks from Treasury Secretary Steve Mnuchin advocating a weak dollar, Trump said the currency will only get "stronger and stronger." After reporting first-time claims for U.S. unemployment benefits at their lowest level in nearly 45 years in the previous week, the Labor Department released a report on Thursday showing a rebound in initial jobless claims in the week ended January 20th. The report said initial ... (full story)
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- Jan 25, 2018 3:56pm Jan 25, 2018 3:56pm
- paka
- | Joined Jun 2012 | Status: Member | 18 Comments
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- Jan 25, 2018 5:31pm Jan 25, 2018 5:31pm
- Wize
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The market is designed to fool most of the people, most of the time.
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- Jan 26, 2018 1:42am Jan 26, 2018 1:42am
- RaoAtik
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