Markets change every second, every minute, every hour and etc. If the facts
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Trump Better Start Liking a Strong Dollar, and Fast
President Donald Trump told CNBC in January that "ultimately I would like to see a strong dollar." Nobody really believed that, since Trump said a year earlier that the greenback was too strong and "it's killing us." The truth is, a weaker dollar would go a long way toward narrowing the chronic trade deficit – something Trump obsesses over — by making U.S. goods less expensive overseas. But someone needs to explain to Trump that at this point in time, the upside to a stronger dollar outweighs the downside. Consider that foreign investors own about half the U.S. debt outstanding. In effect, those investors are ... (full story)
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- Edited 5:17am May 23, 2018 12:56am | Edited 5:17am
- MXStrategy
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- ALgamerz
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- MXStrategy
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Markets change every second, every minute, every hour and etc. If the facts
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- fxsport
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...because you never know - until you do!