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US President Trump says doesn't think the dollar declined too much; Dollar is doing great; value of the dollar is great; China and Japan always wanted to devalue the currency

President Trump's comments reflect a vocal support for the dollar, asserting that it has not declined excessively and is performing well, particularly against the backdrop of interventions from other countries like China and Japan that historically seek to devalue their currencies.

Newsquawk StaffPublished On the live feed at — 5 more headlines followed before this page went public
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[MARKET UPDATE] Dollar tumbles as Trump doesn't think the Dollar declined too much, it is "doing great", and not concerned with its decline; USD/JPY fell from 152.80 to 152.10, EUR/USD rose from 1.1970 to 1.2080, Cable lifted from 1.3775 to 1.3870

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US President Trump says doesn't think the dollar declined too much; Dollar is doing great; value of the dollar is great; China and Japan always wanted to devalue the currency

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  • The dollar is seeking its own level, which is fair.
  • On the dollar, I can have it up or down like a yo-yo.
  • Doesn't think the Dollar declined too much.
Context

This sentiment may stabilize dollar flows and could influence market participants' perceptions, especially in forex markets, leading to potential adjustments in risk appetite across equities and commodities based on currency valuations.

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