Trump claims euro dropping ‘like crazy’ against dollar, blames Fed By Reuters

Trump claims euro dropping 'like crazy' against dollar, blames Fed By Reuters



WASHINGTON (Reuters) – U.S. President Donald Trump on Friday accused the U.S. Federal Reserve Bank of inaction as the euro slides in value against the dollar, a failing he charged gives European countries a big trade advantage.

“The Euro is dropping against the Dollar ‘like crazy,’ giving them a big export and manufacturing advantage…and the Fed does NOTHING!” Trump said in a Twitter post.

“We don’t have a Tariff problem (we are reigning in bad and/or unfair players), we have a Fed problem. They don’t have a clue!” said Trump, a frequent critic of Fed policies.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link