Yellen: US doesn’t seek a weaker currency to gain competitive advantage

<p>US Treasury Secretary nominee, former Fed chair, Janet Yellen was quoted on Sunday affirming the stance of not seeking a weaker exchange rate. According to a WSJ report, Yellen will say in a Senate confirmation hearing, &#8220;the value of the U.S. dollar and other currencies should be determined by markets. Markets adjust to reflect variations [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/353903-yellen-us-doesnt-seek-a-weaker-currency-to-gain-competitive-advantage/">Yellen: US doesn&#8217;t seek a weaker currency to gain competitive advantage</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>