Circle your calendars
- Markets will determine where dollar is in short term
- "There are certain issues" with a strong dollar
- Rising USD and stocks reflect confidence in Trump agenda
- Focuses on "where markets are going" not the day to day
- Congress goal is to pass tax plan by August recess
Trump has hinted at action on the strong dollar but it sounds like Mnuchin's slowly walking it back. Circle your calendars for the next Treasury report on FX though.
