New York, Jan 30, 2026 (AFP) - What's behind Trump's risky cheap dollar dalliance?

NAMPA / AFP

2026-01-30

The US dollar sank to a four-and-a-half-year low against the euro this week after President Donald Trump said the weakened currency was doing "great." While US Treasury Secretary Scott Bessent backed a strong dollar the very next day, market watchers viewed Trump's remark as the latest sign the president sees a lower greenback as connected to goals of lowering the trade deficit and boosting US manufacturing. A lower dollar brings mixed effects, b......

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