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Trade war scare could bring on a dollar slump
Worries of escalating trade wars could be a longer term negative for the dollar, even as the currency gets a temporary lift ahead of the Fed's meeting next week. The dollar is seeing some support as the markets anticipate that the Fed will raise interest rates by a quarter-point next Wednesday. But the dollar has also been buffeted by other headlines, including threats of a trade war with China and a tumultuous reshuffling of cabinet members, with Secretary of State Rex Tillerson the latest to leave and others rumored to be fired by President Donald Trump. "It's not helping that he's firing everybody. That's ... (full story)
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