US Treasury Secretary Steve Mnuchin and his wife Louise Linton hold a uncut sheet of US$1 dollar notes bearing Mnuchin’s name at the US Bureau of Engraving and Printing in Washington, on November 15, 2017. The dollar fell on Wednesday after his comments at the WEF conference in Davos. Photo: Bloomberg

US Treasury Secretary Mnuchin’s ‘weaker dollar’ comment takes heavy toll on currency

Under pressure dollar has entered new bear phase, according to Daiwa analyst

Topic |   Foreign exchange market

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US Treasury Secretary Steve Mnuchin and his wife Louise Linton hold a uncut sheet of US$1 dollar notes bearing Mnuchin’s name at the US Bureau of Engraving and Printing in Washington, on November 15, 2017. The dollar fell on Wednesday after his comments at the WEF conference in Davos. Photo: Bloomberg
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