Trump: I like negative rates

US President Donald Trump says he likes native rates. There has been no reaction in the US dollar so far, as the market pays more attention to the Federal Reserve than the US government at this point. 

Key comments

We should absolutely open schools

We have now surpassed 10 mln COVID-19 tests

Feels strongly we should have negative interest rates. 

Disagrees with Fed on negative rates. 

Powell has done a good job over the past few months. 

Despite differences on negative rates, feel Powell's performance as Fed chair has improved.

More to come...

DXY update

US Dollar Index Asia Price Forecast: Greenback regains the 100.00 mark, bullish