Trump Rallies Dollar as Stocks Wobble, Crude Falls: Markets Wrap

Comments push gold lower; Draghi touts robust growth
Treasury yields fall; Dow Jones Industrial Average rises

Mnuchin should "clarify exactly what he said," IMF head Christine Lagarde says in Davos.Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Randall Jensen

January 25, 2018 at 12:36 AM UTC

Updated on

January 25, 2018 at 9:29 PM UTC

This article is for subscribers only.

President Donald Trump waded into the unusual public debate over currency valuations, roiling markets after he said that he favored a strong greenback just a day after his Treasury secretary endorsed a weak dollar.

“The dollar is going to get stronger and stronger and ultimately I want to see a strong dollar,” Trump said during an interview with CNBC from the World Economic Forum in Davos, Switzerland.