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26 Jul 2019

US Pres. Trump discussed ideas to weaken dollar in Cabinet-level meeting - CNBC

According to CNBC's Washington correspondent, Kayla Tausche, US President Donald Trump discussed ideas to weaken the dollar during a meeting on Thursday.

"Pres. Trump convened Cabinet-level meeting yesterday to discuss ideas to weaken dollar -- including capital controls and active "jawboning" by officials on TV, sources tell me," CNBC's Tausche tweeted out. 

At the moment, the US Dollar Index, which rose to its highest level in nearly two months at 98.05 earlier in the hour, is up 0.2% on the day at 97.98.

Jul 26, 2019

White House adviser Kudlow: Trump doesn't want a weaker dollar

Following his comments about the US-China trade conflict, White House economic adviser Larry Kudlow said that he did not agree with the view that US P
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Jul 26, 2019

Oil technical analysis: WTI is under pressure at 4-day lows as bears challenge $56.00 a barrel

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