2 results

Steven Mnuchin, the US treasury secretary, walks through the snow during at Davos. Mr Mnuchin said he isn’t concerned about short-term fluctuations in the dollar, a day after he suggested a weaker US currency would help trade. Photograph: Markus Schreiber / AP Photo

(...) be on the horizon, after his comments on Wednesday about a weak dollar being good for the world(...)

European Central Bank  president Mario Draghi: the Euro’s decline is a repercussion of the European Central Bank’s bond-buying spree and growing expectations of a US interest rate rise. Photograph: EPA

The euro has fallen to a near 12-year low against the dollar, as the repercussions of the European(...)