The pound dipped after surging to a 4-month high the previous day as comments from U.S. President ⁠Donald Trump deepened investors' concerns about the dollar.

The value of the U.S. dollar plunged after President Donald Trump said he was not concerned about the currency's recent drop.

The president said this week that the value of the dollar is "great" despite a sharp tumble since last year. That may be true for certain parts of the economy — but not others.

Trump said the US dollar is doing "great," but a weaker currency could undercut his attempts to boost affordability for Americans.

The U.S. dollar has fallen nearly 11% in 12 months, hitting its lowest level since 2022. Here's how that translates to higher prices, more expensive loans, and what you can do about it.

President Trump indicated he’s comfortable with the dollar’s recent decline, helping send the currency to its lowest level since early 2022.

A falling dollar is a sign that the greenback might be losing its luster as a safe haven in turbulent times. But its decline also affects the rest of the world — other countries’ currencies have been rising in value. The euro hit $1.20 earlier this week, the highest it’s been relative to the dollar since 2021.

As political and economic tensions drive investors to alternative assets, the currency has hit its lowest level since early 2022.

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The greenback has slumped as investors "Sell America." Several factors explain why the dollar is shedding value.