Forex dealers clear on US dollar policy

On Monday (May 12) US Treasury secretary John Snow told a US TV network that the weaker dollar was helping US exporters.

In an interview published last Tuesday (May 13), Snow told newswire Reuters that FX intervention should be "kept to a minimum" and later that day told the US House of Representatives that the dollar’s value should be decided by the market.

Those comments prompted talk that the US was abandoning the "strong dollar policy" conceived during the Clinton administration. But that was

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: