Dollar Tumbles on Trump Comments
Dollar falls to one-month low after President-elect Donald Trump describes it as ‘too strong’
The dollar tumbled to its lowest level in a month after President-elect Donald Trump told The Wall Street Journal he favored a weaker dollar, breaking with decades of tradition and intensifying investor concern over the new administration’s capacity for surprising policy shifts.
In an interview published Monday, Mr. Trump described the dollar as “too strong” and dismissed a key tax proposal that would favor U.S. exports over imports,...