President Donald Trump seems keen on sinking the U.S. dollar. It may not need the help of his jawboning. In a departure from years of U.S. currency rhetoric, Mr. Trump has told The Wall Street Journal the dollar “is getting too strong.” The immediate market effect was predictable: emerging-market currencies, notably the yuan, strengthened against the dollar, while gold rose and Treasury yields fell. In fact, Mr. Trump’s...

Source: Wall Street Journal April 13, 2017 08:37 UTC