While you were sleeping: Wall St, dollar slide

While you were sleeping: Wall St, dollar slide
Margreet Dietz
By Margreet Dietz Feb. 1 (BusinessDesk) - Wall Street moved lower, as did equities in Europe, amid disappointing earnings forecasts from companies including UPS and Under Armour as well as weaker-than-expected reports on US consumer confidence and Chicago-area manufacturing. The US dollar also fell after Peter Navarro, US President Donald Trump’s top trade adviser, said Germany uses a “grossly undervalued” euro to gain a competitive advantage over trading partners. German Chancellor Angela Merkel rejected the accusation by Navarro, made i...