Treasury Secretary Mnuchin says he was not trying to move dollar -CNBC

By Kitco News / January 26, 2018 / www.kitco.com / Article Link

WASHINGTON, Jan 26 (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 dollar index pared losses after Mnuchin tells CNBC he was not trying to talk the dollar down.


(Reporting by Katanga Johnson and Doina Chiacu Editing by Chizu Nomiyama)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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