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Mnuchin walks back weak dollar comment

Jan. 26, 2018 9:04 AM ETUUP, UDN, USDUBy: Stephen Alpher, SA News Editor9 Comments
  • Appearing on CNBC, the Treasury Secretary claims he wasn't trying to move the greenback on Wednesday when he said "a weak dollar is good for us." Uh-huh. The end of Davos and the weekend can't come fast enough.
  • The dollar today is off about 0.4%, depending upon which index you follow.
  • ETFs: UUP, UDN, USDU
  • Previously: Dollar's decline deepens after Mnuchin comments (Jan. 24)

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