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Trump is reportedly preparing to weaken the dollar - here's why it will be nearly impossible and won't really fix anything

From businessinsider.com

President Donald Trump is preparing a possible intervention in the currency markets to prevent the continuing surge of the US dollar, according to numerous media reports over recent weeks, but that may not actually fix the issues he has with America's rampant currency. That's according to Thierry Wizman, a strategist at Macquarie, who believes that even if Trump manages to navigate the many diplomatic hurdles to intervening in the dollar, doing so will not really solve anything. "While past interventions have been done only with the assent of other G-7 countries, Trump's willingness to deviate from past ... (full story)

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  • Category: Fundamental Analysis