US EditionDollar Slumps as Trump Undermines Powell; Euro, Sterling Gain By Investing.com
4 Articles
4 Articles
Bank of England Governor issues warning, dollar sees stark declines
There was significant movement in the money markets on Thursday, with the dollar dropping quickly. At one point, the dollar hit a near four-year low against the pound, and in the last week alone, it’s fallen over three cents on sterling. Looking back further, the dollar’s lost a full 16 cents per pound since President Donald Trump’s inauguration in January. While not as stark, the euro has seen similar gains over the dollar.
The dollar sank to a three-and-a-half-year low against the euro and sterling during yesterday's session, in a generalized sell-off, as traders discount the possibility of... The dollar under pressure - NAVTEMPORIKI
GDPhursday - Dollar Dives as Trump Dumps on Powell
A crisis of confidence. That’s what we have as the Dollar hits new lows this morning – falling below 97 and down 13 points (11.8%) since Trump took office. That’s an 11.8% tax, NOT JUST ON YOUR INCOME, but on ALL of your assets – all the wealth you accumulated over your entire lifetime – […] Source
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