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Dollar resumes slide after Trump rally

Published 01/26/2018, 06:04 AM
© Reuters.  Dollar resumes slide after Trump rally
  • Conflicting messages? The dollar index fell again overnight, down 0.6% to 88.69, reversing Thursday's rally that had followed comments from President Trump.
  • "The dollar is going to get stronger and stronger, and ultimately I want to see a strong dollar," he said at the WEF in Davos.
  • The greenback slipped to three-year lows earlier in the week after Treasury Secretary Steven Mnuchin said a "weaker dollar is good for trade."
  • ETFs: UUP, UDN, USDU
  • Now read: What If The Boom Doesn't Boom?


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