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Dollar falls, shares flinch as Trump turfs out Tillerson

Reuters  |  LONDON 

By Ritvik CarvalhoLONDON (Reuters) - The dollar fell on Tuesday and share markets flinched as news broke that U.S. President Donald Trump had ousted yet another of his top team, this time Secretary of State Rex Tillerson.Trump said on Twitter he was replacing the former oil executive Tillerson with Mike Pompeo, the director of the Central Intelligence Agency(CIA), and that Gina Haspel would take over from Pompeo.The announcement saw the dollar index, which measures the greenback against six other top world currencies, fall to a three-day low and meant the S&P 500 opened more subdued than ...

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First Published: Tue, March 13 2018. 19:15 IST
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