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Trump Slams Cryptos, Libra; Praises Dollar As World"s "Most Dominant Currency"

Trump Slams Cryptos, Libra; Praises Dollar As World"s "Most Dominant Currency".....»»

Category: blogSource: zerohedgeJul 11th, 2019

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers in rare D.C. trip

Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States......»»

Category: topSource: washpostSep 19th, 2019

Trump Praises ECB For "Depreciating The Euro", Slams The Fed For Doing Nothing

Trump Praises ECB For "Depreciating The Euro", Slams The Fed For Doing Nothing .....»»

Category: blogSource: zerohedgeSep 12th, 2019

Explainer: U.S. dollar intervention: What would it take?

The strength of the U.S. dollar has long been a thorn in President Donald Trump's side. That has put the almost unthinkable scenario of currency intervention up for debate in global foreign exchange circles......»»

Category: topSource: reutersAug 28th, 2019

Why Mark Carney Thinks The Dollar Can No Longer Be The World"s Reserve Currency

While Jerome Powell's highly anticipated Jackson Hole speech was, in the words of Brean Capital's Russ Certo "underwhelming and anti-climatic".....»»

Category: blogSource: zerohedgeAug 24th, 2019

World needs to end risky reliance on U.S. dollar: BoE"s Carney

Bank of England Governor Mark Carney took aim at the U.S. dollar's "destabilizing" role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency......»»

Category: topSource: reutersAug 23rd, 2019

In Unprecedented, Shocking Proposal, BOE"s Mark Carney Urges Replacing Dollar With Libra-Like Reserve Currency

After Jerome Powell's neutral-to-slightly-dovish-but-mostly-boring speech on Friday morning, investors could be forgiven for suspecting that this year's Fed-spo.....»»

Category: blogSource: zerohedgeAug 23rd, 2019

Currencies: U.S. dollar sinks as Trump tweets stoke intervention fears

President Donald Trump’s latest Twitter attack on Federal Reserve Chairman Jerome Powell, accompanied with more complaints about the U.S. dollar, is stoking long-running fears of currency intervention......»»

Category: topSource: marketwatchAug 23rd, 2019

Trump says he won’t devalue dollar amid trade war with China

White House hawks have been pushing for a direct intervention in currency markets by the Treasury by pointing to a slowdown in US manufacturing......»»

Category: topSource: moneycentralAug 10th, 2019

Currencies: Currency wars: Traders see small but growing chance of U.S. intervention

President Donald Trump seems to be doing all he can to talk down the value of the U.S. dollar, and traders see a rising risk that the administration could do something more concrete......»»

Category: topSource: marketwatchAug 9th, 2019

Currencies: Currency wars: Why ‘fear of failure’ may stop Trump from intervening to weaken dollar

President Donald Trump seems to be doing all he can to talk down the value of the U.S. dollar, and traders see a rising risk that the administration could do something more concrete......»»

Category: topSource: marketwatchAug 9th, 2019

Trump Slams "Always Wrong" Fed, Says "Not Thrilled At Strong Dollar"

President Trump took to Twitter today to make it clear he is not a "strong dollar" advocate: "As your President, one w.....»»

Category: blogSource: zerohedgeAug 8th, 2019

Trump praises U.S. economy amid China spat, vows to back farmers

U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, saying the United States was "in a very strong position," a day after his administration ratcheted up tensions by labeling Beijing a currency manipulator......»»

Category: topSource: reutersAug 6th, 2019

Column: A yuan-dollar currency war would do some serious damage

The Europeans and Japanese might be most at risk in this arm-wrestling between the world's two most powerful countries. The Europeans and Japanese might be most at risk in this arm-wrestling between the world's two most powerful countries......»»

Category: topSource: latimesAug 5th, 2019

Trump Slams China"s "Currency Manipulation" After PBOC Denies Competitive Devaluation

Following the collapse of the yuan overnight... Pr.....»»

Category: blogSource: zerohedgeAug 5th, 2019

Chinese yuan falls to 2019 low versus U.S. dollar after Trump"s tariff announcement

China's yuan currency came under pressure Thursday after President Donald Trump said the U.S. would impose a .....»»

Category: topSource: marketwatchAug 1st, 2019

Trump Slams Fed After Market Meltdown: "As Usual, Powell Let Us Down"

Update (1645ET): Well that didn't take long. We noted previously that Trump demanded a rate-cut - gets one but the dollar soars and stocks tank - who will be blam.....»»

Category: blogSource: zerohedgeJul 31st, 2019

Trump not alone in seeking lower dollar, as lawmakers unveil foreign investor tax

The dollar’s value has been elevated for decades, making American goods more expensive on world markets and encouraging U.S. consumers to buy imports......»»

Category: topSource: washpostJul 30th, 2019

Trump Dollar Declarations Show U.S. Currency Move Still in Play

Donald Trump’s currency policy is looking as chaotic as his trade war......»»

Category: topSource: moneycentralJul 27th, 2019

Trump Dollar Declarations Show U.S. Currency Move Still in Play

Donald Trump’s currency policy is looking as chaotic as his trade war......»»

Category: topSource: moneycentralJul 27th, 2019

Dollar Surges After Kudlow Says White House "Ruled Out Any Currency Intervention"

Update: Politico reports that Trump rejected Navarro's options for devaluing the dollar, with CNBC's Kayla Tausche reporting that Trump convened a cabinet-level trade meeti.....»»

Category: blogSource: zerohedgeJul 26th, 2019