You are here: Home » Reuters » News
Business Standard

Dollar falls, but Wall Street shrugs off Trump ouster of Tillerson

Reuters  |  NEW YORK 

By Nick BrownNEW YORK (Reuters) - U.S. President Donald Trump's high-profile ouster of Secretary of State Rex Tillerson sent the U.S. dollar down slightly on Tuesday, with crude oil falling after an initial jump.Trump gave Tillerson the boot on Tuesday after a series of public rifts over policy on North Korea, Russia and Iran, and replaced his chief diplomat with loyalist Central Intelligence Agency Director Mike Pompeo. His firing - the biggest shakeup of Trump's Cabinet since he took office in January 2017 - was announced by the president on Twitter.Evercore ISI strategist Stan Shipley in ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, March 13 2018. 22:12 IST