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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (82570)	4/19/2020 6:08:30 AM
From: Goose94	Read Replies (1) of 203020

HSU-T: Just weeks after a surging dollar was causing havoc in world financial markets, President Donald Trump has decided that a muscular U.S. currency is a good thing after all. "The dollar is very strong," he told a press conference on Friday. "And dollars -- strong dollars are overall very good." The comment marked a U-turn from the president's rhetoric for much of the past few years, in which he repeatedly called for a weaker dollar to aid U.S. manufacturing companies and boost American exports. It also comes at a time when many economists say that the resurgent U.S. currency is the last thing a global economy -- knocked low by the coronavirus shock -- needs. ... ... For the remainder of the report: bloomberg.com

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