Trump Can Complain All He Wants, But the Dollar Will Stay Strong
- Comments won’t steer Fed away from its policy path: Killik
- Greenback weakness likely temporary, Old Mutual’s Nash says
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Short-term pain, but the long-term gain penciled in for the dollar is still intact.
While the greenback declined on Tuesday after U.S. President Donald Trump reportedly censured the Federal Reserve for raising interest rates, the currency’s outlook is still bullish, according to a growing chorus of money managers.