The Traderszone Network

Published in TZ Latest News 19 April, 2017 by The TZ Newswire Staff

Mnuchin Says Trump Is "Absolutely Not" Trying To Talk Down The Dollar

One week after Donald Trump, in an interview with the WSJ, sent the dollar tumbling in its biggest one day drop in months, Treasury Secretary Steven Mnuchin has been engaging in damage control with not one but two appearances in the FT, first stating that in the “long-run” a stronger dollar is beneficial for the US economy on Monday, and then again making headlines overnight when he said that Donald Trump is “absolutely not” trying to talk down the strength of the dollar, as saying in the Financial Times on Wednesday.

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