The U.S. dollar slipped on Tuesday after U.S. President Donald Trump said he disagreed with the Federal Reserve’s decision to raise interest rates.
The U.S. Dollar Index, which tracks the greenback against a basket of other currencies, was down 0.3% to 95.39 by 1:20AM ET (05:20 GMT).
“I should be given some help by the Fed,” Trump said, adding that he believed the Federal Reserve should do “what’s good for the country,”
The Fed is due to meet again in meets to consider rates. Markets widely expect it to raise them in September and also later this year. So far, the central bank has raised rates five times since Trump took office.
