Daily Kickstart (Dollar Dumps After Fed Farce, Deutsche Bank Plunges)

Daily Kickstart (Dollar Dumps After Fed Farce, Deutsche Bank Plunges)

Perhaps fearing some kind of Erdogan-esque reprisal from the White House, the Fed pussyfooted its way through the January/February statement, seemingly content to let Peter Navarro coordinate America's FX policy for the time being. Of course there are other reasons why the Fed might have chosen to effectively play the background. That is, it's not all about Trump and his weak dollar policy. Or at least I hope not. Hawkish leans can be dangerous things for emerging markets and I suppose there's
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