HomeLive CommentsDollar reverses gains as Trump blames manufacturing weakness on Fed

Dollar reverses gains as Trump blames manufacturing weakness on Fed

Dollar reverses earlier gains after poor ISM manufacturing data. Additionally, it’s weighed down by US President Donald Trump’s attack on Fed. He criticized again that Fed and its chair Jerome Powell “have allowed the Dollar to get so strong, especially relative to ALL other currencies”. And, “our manufacturers are being negatively affected.” Also, “they are their own worst enemies, they don’t have a clue. Pathetic!”

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