US Pres. Trump: US 'should match' the 'big currency manipulation game' by China, Europe


U.S. President Trump crossed the wires in the last minutes, via Reuters, arguing that the U.S. should match the 'big currency manipulation game' by China and Europe.

The US Dollar Index, which turned south following the disappointing ISM Non-Manufacturing PMI earlier in the session, pushed lower on these remarks and was last down 0.15% on the day at 96.60.

Share: Feed news

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

AUD/USD picks up fresh bids toward 0.6450 on renewed US Dollar selling

AUD/USD picks up fresh bids toward 0.6450 on renewed US Dollar selling

AUD/USD catches fresh bids and tests 0.6450 early Wednesday. Renewed US Dollar weakness on trade tensions over China outweigh the RBA's dovish outlook and the domestic political turmoil, aiding the pair's fresh leg higher. Focus remains on tariff talks and Fedspeak. 

USD/JPY bears retain control near two-week low, break below 144.00 awaited

USD/JPY bears retain control near two-week low, break below 144.00 awaited

USD/JPY languishes near a two-week low above 144.00 despite the disappointing release of Japan's trade balance data, as hawkish BoJ expectations continue to underpin the Japanese Yen. Meanwhile, the USD remains depressed amid Fed rate cut bets and a downgrade of the US government's credit rating, exerting additional pressure on the major.

Gold price looks to build on its recent strength beyond $3,300 mark

Gold price looks to build on its recent strength beyond $3,300 mark

Gold price advances to over a one-week top in the Asian session on Wednesday, with bulls now awaiting a sustained move above the $3,300 mark before placing fresh bets. Moody's downgrade of US credit rating and Fed rate cut bets keep the US Dollar depressed near a two-week low. Further, persistent geopolitical uncertainty benefits the safe-haven Gold.

Ethereum Price Forecast: ETH holds steady at $2,500 despite increasing selling pressure

Ethereum Price Forecast: ETH holds steady at $2,500 despite increasing selling pressure

Ethereum (ETH) held steady above $2,500 on Tuesday despite investors stepping up their selling pressure with high profit-taking and loss realization activity.

China April slowdown shows the impact of economic uncertainty

China April slowdown shows the impact of economic uncertainty

Trade war uncertainty is denting Chinese confidence, resulting in slower economic activity in April. Retail sales and fixed-asset investment both underperformed forecasts amid heightened caution. Yet the impact on manufacturing was less than feared.

The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Forex MAJORS

Cryptocurrencies

Signatures

Best Brokers of 2025