You know you’re on a downhill slide when you blame “manipulation”, right?
😀
(To be fair, one of those named in the headline set a rate for its currency every day and says it’ll intervene if it moves too much! Manipulation? **** yeah!)
Bloomberg have followed up Trump’s comments with some analysts:
- possibility the U.S. Treasury could intervene to weaken the dollar
- anything is on the table, according to Canadian Imperial Bank of Commerce ” … we should be prepared for anything … Treasury hasn’t intervened to weaken the dollar for decades, but we wouldn’t be surprised if that changes potentially under Trump”