Trump says value of the dollar is 'great' even as US currency hits four-year low - News Summed Up

Trump says value of the dollar is 'great' even as US currency hits four-year low


Jan 27 (Reuters) - US President Donald Trump said on Tuesday the value of the dollar was "great", when asked whether he thought it had declined too much, adding to pressure on the greenback which hit a four-year low. A lower dollar can also benefit US exporters, though Trump said he was not seeking for its value to decline further. "No, I think it's great, the value of the dollar ... dollar's doing great," Trump said when asked by a reporter if he thought the value of the dollar had declined too much. “The administration wants a weaker dollar," said Eugene Epstein, head of trading and structured products at Moneycorp in New Jersey, adding that it also helped improve the trade deficit. Steve Sosnick, market strategist at Interactive Brokers, Greenwich, Connecticut, said that a weaker dollar "was a two-sided coin".


Source: The Edge Markets January 27, 2026 23:39 UTC



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