Dollar ALREADY Going Down Under Trump
February 4, 2017
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3:51Now PlayingDollar ALREADY Going Down Under Trump
YouTube Description
as posted by the channelThe value of the US dollar has already taking a hit since Trump got into office. Cenk Uygur, the host of The Young Turks, breaks it down. Tell us what you think in the comment section below.
"If visibility and predictability are two foundations upon which stable financial markets are built, comments from the White House this week on the U.S. dollar suggest investors should brace for increased foreign exchange volatility.
President Donald Trump and his top trade adviser waded into the debate over the currency's strength and the damage they say it is doing to U.S. competitiveness, drawing rebuffs from Germany and Japan and casting doubt over the strength of global cooperation on foreign exchange policy.
On the one hand, this should come as little surprise. A key pillar of Trump's election campaign was to reinvigorate U.S. manufacturing and bring back what he sees as lost jobs. A weaker dollar would be instrumental to achieving that goal."
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Hosts: Cenk Uygur
Cast: Cenk Uygur
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