Treasury Secretary Yellen gave a green light to a stronger dollar - BBH – by hareshmenghani DollarIndex Fed RiskAversion Currencies Banks
tightening risks is likely to see the US dollar continue to recover after the recent correction, economists at BBH report.“Yellen made it clear that U.S. policymakers are not concerned with the strong dollar right now. Specifically, she said that “A market-determined value of the dollar is in America’s interest. The currency movements are a logical outcome of different policy stances.” Since Treasury runs U.S.
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