The Traderszone Network

Published in TZ Latest News 8 June, 2015 by The TZ Newswire Staff

White House denies Obama said strong dollar a problem

A senior U.S. official denied on Monday a news wire report that President Barack Obama had told a Group of Seven industrial nations’ summit that the strong dollar was a problem. Bloomberg News earlier quoted a French official as saying Obama had made the comment. “The President did not state that the strong dollar was a problem,” the U.S. official said.