• Troubling Trump depresses the dollar

  • Aug 23 2018
  • Length: 11 mins
  • Podcast

Troubling Trump depresses the dollar

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  • Summary

  • The dollar came under pressure on two fronts this week - Donald Trump's impeachment risk and the president's disparaging remarks about the Federal Reserve for raising US interest rates. But it is the Fed's own views, with a tilt to the dovish side, that should see the dollar lose the momentum of recent months, Société Générale's Alvin Tan tells Roger Blitz. That should mean renewed strength for the euro and yen, but not necessarily for emerging market currencies. 

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