In the News

Trump Changes Tune On Dollar After Talking Down The Currency

(Bloomberg) President Donald Trump looks to have changed his tune on the U.S. dollar -- at least for now.

“He has a history of talking it down more than he has of boosting it and clearly he is one to give us surprises, so it’s not easy to predict if he will have a new strengthening guidance,” said Juan Perez, senior foreign-exchange trader and strategist at Monex Inc. in Washington. “He notices and is grasping the power of currency and may opine on it as he sees best fits his narrative.”

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