Ghost of 1990s Is Haunting Dollar and Slowing Further Gains
- Clinton years saw action against Japan hit appetite for dollar
- Investors waiting to see if Trump team will jawbone greenback
Is the Strong Dollar Policy Still in Play Under Trump?
This article is for subscribers only.
Call it the ghost of U.S. administration past.
A new dynamic entered the $5.1 trillion currency market in recent days, as the dollar failed to keep pace with a rise in U.S. Treasury yields.