Trump dismisses concerns over dollar, says it is doing great US President Donald Trump said on a campaign stop in Iowa that he was not worried about recent losses of the dollar and that the currency is "doing great." He referenced American businesses and the U.S. economy, while noting that China and Japan have long tried to devalue the currency. His comments spurred a rally in the market, pushing the euro above $1.20 and driving gold to record highs. The remarks were made ahead of a speech focused on the economy as the November congressional elections approach.
Original article can be found here.