© Reuters. Steven Mnuchin, U.S. Secretary of the Treasury, attends the World Economic Forum (WEF) annual meeting in Davos
WASHINGTON (Reuters) – U.S. Treasury Secretary Steve Mnuchin said on Friday he was not trying to talk down the dollar and his comments earlier this week were taken out of context, according to an interview with CNBC.
“I made the comment two days ago in a press gaggle in the morning. What I said was actually very even-handed and consistent with what I said before,” Mnuchin told CNBC from the World Economic Forum in Davos, Switzerland. “I was not trying to move the dollar.”
The pared losses after Mnuchin tells CNBC he was not trying to talk the dollar down.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Latest posts by investing.com (see all)
- Forex – Dollar Index Holds Steady with Fed Meeting in Focus - March 19, 2018
- Forex – Sterling Jumps on Brexit 'Decisive Steps' - March 19, 2018
- Dollar firmer as market eyes Fed meeting; yen edges higher - March 19, 2018