(Reuters) The dollar fell from a one-year peak on Thursday after U.S. President Donald Trump expressed concern about a strong currency, which he said puts the United States at a disadvantage.
Trump’s comment “creates friction that creates gridlock all across the governmental environment. That’s obviously a solid sign that the dollar could face some weakness ahead,” said Juan Perez, senior foreign exchange trader at Monex Consulting in Washington.
“This is a brand new variable that we have to account for,” he added.
