Dollar caught in crossfire as Trump talks tough on currencies - News Summed Up

Dollar caught in crossfire as Trump talks tough on currencies


"The early policy implication is that dollar competitiveness could have a prominent role to play in Trump’s ’America First’ agenda." Against a basket of currencies, the dollar inched up 0.2 per cent to 99.703, having ended January with a loss of 2.6 per cent. Spread betters were tipping a modest early bounce for European bourses, while E-mini futures for the S&P 500 ESc1 were 0.1 per cent firmer. While the S&P 500 fell on Tuesday for a fourth consecutive session, it still ended higher for the month. The Dow dipped 0.54 per cent, while the S&P 500 lost 0.09 per cent and the Nasdaq 0.02 per cent.


Source: Viet Nam News February 01, 2017 06:11 UTC



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