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US Dollar Policy In Focus - Absolute Currency
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US Dollar Policy In Focus

US trade and currency policies will continue to have a very important market impact in the short term. Assuming US Treasury Secretary Nominee Mnuchin is confirmed by the Senate his early rhetoric and commentary surrounding the currency policy will be crucial for dollar confidence. Any open reversal of the ‘strong dollar’ policy would risk heavy dollar selling. Trade and currency rhetoric has already been an important market-moving focus this year. US President Trump has criticized countries including Japan and China for running policies of currency devaluation and playing the money markets. Senior US trade adviser Navarro commented …

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