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Trump says the dollar will get 'stronger and stronger'

From money.cnn.com

President Trump doesn't want investors to worry about the dollar. "The dollar is going to get stronger and stronger, and ultimately I want to see a strong dollar," Trump said in an interview with CNBC on Thursday at the World Economic Forum in Davos, Switzerland. The dollar's value quickly jumped 1% against other currencies. A day earlier, the dollar hit its lowest point since 2014 after Treasury Secretary Steven Mnuchin suggested a weaker dollar is "good for trade." Mnuchin also said there were both "benefits and issues" to a weaker dollar, and that the dollar's value is "not a concern of mine." But investors ... (full story)

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  • Category: Fundamental Analysis