Donald Trump dooms dollar to worst January since 2008 - News Summed Up

Donald Trump dooms dollar to worst January since 2008


Bund yields are up and that is pulling the euro higher," said Richard Cochinos, head of European G10 FX Strategy at Citi. "We do have the month end which is creating a dollar flow. Our quant team has put out a note saying that should be a dollar negative flow. "The dollar fell 0.1 per cent on the day to 113.90 yen per dollar in morning trade in Europe, recovering from lows hit in Asian trading. "My bias is still that we'll get back to the Trump economic program, and the implications for Fed policy , before too long.


Source: Economic Times January 31, 2017 09:24 UTC



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