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Chart of the day: Currency woes cloud Hong Kong stocks The persistent weakness in the Hong Kong dollar has dealt a blow to sentiment in the city's stock market. Concerns are growing among investors over tightening liquidity after the intervention by the Hong Kong Monetary Authority seems to have failed to check the currency's depreciation against the US ...
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Trump contradicts own Treasury Department with China currency tweet Trump said on Twitter on Monday that the two countries are "playing the Currency Devaluation game as the US keeps raising interest rates. Not acceptable!" Just last Friday, the Treasury Department published a report saying that no US trading partner is manipulating its exchange rate. The rebuke from ...
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Trump Accuses China and Russia of Manipulating Their Currencies U.S. President Donald Trump said on Monday it is unacceptable that Russia and China are devaluating their currencies, days after the Treasury Department declined to label these countries as currency manipulators in its latest report. Amid a possible new round of sanctions against Russia and a ...
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