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US dollar hits three-year low after Trump intensifies attack on Fed chair Powell – business live
Rolling coverage of the latest economic and financial newsReeves to make case for free global trade at Washington IMF talksThe weakness of the dollar has pushed the pound up to its highest level against the US currency in seven months.Sterling climbed to $1.3423 in early trading, up around half a cent, to its highest level since last September.“We’re facing a new economic reality, but we’re a heavily trading country, with the value of our exports the equivalent of 60% of GDP, so it’s always in our own interests to promote free trade.” Continue reading...
Rolling coverage of the latest economic and financial news
The weakness of the dollar has pushed the pound up to its highest level against the US currency in seven months.
Sterling climbed to $1.3423 in early trading, up around half a cent, to its highest level since last September.
“We’re facing a new economic reality, but we’re a heavily trading country, with the value of our exports the equivalent of 60% of GDP, so it’s always in our own interests to promote free trade.” Continue reading...
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