Home Likelihood of Trump intervention in the US dollar – Citi

Likelihood of Trump intervention in the US dollar – Citi

Updated: 16 Aug. 2019 | 05:47

The analysts at Citi Group offer their thoughts on the likelihood of intervention from the US President Trump in the US dollar in the coming months.

Key Quotes:

“We now see FX intervention by Trump Administration to weaken USD as possible.

It seems unlikely that the Administration would order intervention and then stop before taking the USD back to the averages, maybe around EUR/USD 1.20 and USD/JPY 100.”

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