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Is the US waging a 'cold war' to weaken the dollar? The Trump administration is engaged in "a cold currency war -- and it's winning," Joachim Fels, an economist at investment firm Pimco, said this week. ... that the dollar was too strong, drawing criticism from some experts who noted a long-standing government policy of not talking the U.S. currency down.
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Bitcoin tumbles as cryptocurrency sell-off intensifies The virtual currency is down by close to 25 percent this week and almost 40 percent in 2018. The second and third largest virtual currencies, Ethereum and Ripple, also plunged more than 20 percent at the session low, Coinmarketcap.com said. Ethereum was last down 18.2 percent, at $913.37, while ...
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