US Pres. Trump: Our most difficult problem is not our competitors, it is Fed

U.S. President Trump, one again, took out to Twitter to criticise the Federal Reserve's monetary policy. "As well as we are doing from the day after the great Election, when the Market shot right up, it could have been even better - massive additional wealth would have been created, & used very well," Trump tweeted out. "Our most difficult problem is not our competitors, it is the Federal Reserve!"

Trump further argued that the Fed raised rates too soon and too often while other major central banks did the opposite. Trump also said that other countries were looking to take advantage of the U.S. knowing that the Fed "doesn't have a clue."

Forex today: The mighty Dollar and US yields rise sharply following solid NFP report

It was a solid Nonfarm Payrolls report and the headline payroll surprise benefited the Dollar. The 10-year yield rallied to close +4.66% higher and st
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Turkey's Erdogan ousts CBRT chief for refusing rate cuts, watch out for opening gap in USD/TRY

Turkish President Erdogan fired Central Bank Governor Murat Çetinkaya, who was supposed to remain in this position until 2020, in a surprise decision
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