Dollar struggles to recover from losses after Trump comments

Market Intelligence Analysis

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Why This Matters

The US dollar continues to struggle after Donald Trump's comments on its decline, while Asian equity markets perform well, driven by tech firms and a record high in the S&P 500.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The dollar struggled to bounce back Wednesday following another selloff fuelled by Donald Trump's suggestion he was happy with the currency's recent decline, while tech firms helped most Asian equity markets extend their rally.Still, equity markets performed well in Asia after the S&P 500 clocked another record high in New York thanks to a surge in tech titans including Apple, Microsoft and Amazon.

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Original article published by Yahoo Finance on January 28, 2026.
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