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Dollar slides on Donald Trump concern, but stocks rise

It was the most eventful week of the year so far for financial markets

Reuters  |  New York 

The U.S. dollar fell on Friday and was set to close its worst week in more than a year, with losses steepening after reports an investigation into possible collusion between Russia and Donald Trump's presidential campaign now include a person close to the President. Stocks pared gains on Wall Street and Treasury yields hit session lows after the report from the Washington Post. Separately, the New York Times reported more details on Trump's recent meeting with Russian diplomats in the Oval Office. A senior White House adviser is a significant person of interest in the ...

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First Published: Sat, May 20 2017. 04:58 IST