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Director / Editor: Victor Teboul, Ph.D.
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Plaza Memories May Unnerve Trump-Fueled Dollar Bulls

Parallels between Donald Trump's U.S. economic plan and early 1980s Reaganomics have supercharged the dollar, reminding some that its rampant gains 30 years ago eventually required intervention to reverse them. The greenback's surge under then-president Ronald Reagan was so powerful that by 1985 it required a rare international accord between the world's five leading economic powers and their central banks to weaken the currency - the so-called Plaza Accord, named after the...


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