by Ryan Littlestone | January 25th, 2018, 10:12:19 | News
Steve Mnuchin speaking in Davos….again Over long-ter, believes in the strength of the dollar Lower dollar is beneficial for the US trade balance Is not concerned where the dollar is short-term Between him and Ross, they’ve made a right pigs ear of this....
by Ryan Littlestone | January 24th, 2018, 13:42:30 | News
Here’s comes the reversal Munchkin was not advocating anything in USD comments And the dollar/yen reverses all it’s losses to shoot above 110.00…..oh wait. Earlier today the Munchkin said that the US would be happy with a weaker dollar and that they...
by Ryan Littlestone | January 24th, 2018, 08:56:05 | News, Sticky 2
Cheerful comments from US Treasury Sec in Davos A weaker dollar is good for the US That’s all well and good but a weaker dollar is useless if you’re not trading with anyone chum 😉 Right now the dollar is on its knees with USDJPY having broken under the big...