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Federal Reserve Chairman Jerome Powell speaks at the Economic Club of New York on November 28, 2018 in New York City.

The Fed starts a new program to provide dollars to central banks and calm the $5 trillion currency market

The facility will allow foreign central banks to swap US Treasuries for dollars as demand for the currency skyrockets amid coronavirus concerns.

‘Race to the bottom’: Stocks drop, dollar soars as coronavirus fears overpower stimulus efforts

"Despite heavy losses, we do not rule out the possibility of a deeper bear market."
A member of the Technical Investigation team holds a negative of a hundred-dollar bill used to print fake dollars in Caldas town in Medellin April 29, 2010.

Trump complained about the US dollar’s strength throughout 2019 — but these 8 major currencies were even stronger

The US dollar index DXY is up roughly 1.2% year-to-date, rising amid summer recession fears and trade war tensions.

Trump and Elizabeth Warren have the same very bad idea about the dollar

Manipulating the US dollar would erode trust in the US government, scare investors, potentially start a currency war, and destabilize the world.
FILE PHOTO: G7 summit in Biarritz

Trump attacks the Fed’s policies again, saying the US economy does not have a ‘tariff problem’

"We don't have a Tariff problem (we are reigning in bad and/or unfair players), we have a Fed problem," Trump said. "They don't have a clue!"

Trump’s tweet citing the ‘highest dollar in US history’ is flat-out wrong. Here’s where the dollar actually stands.

Trump has repeatedly expressed his desire for a weaker US dollar, saying it will improve the US's position in the global trade war.

The dollar just hit its highest level of 2019, even as Trump continues his full-court press for a weaker currency

There are a number of factors supporting the dollar's strength, including the trade war, which is dragging down global growth.
Trump leaves Manhattan Supreme Court, where he was serving on jury duty on August 17, 2015 in New York City.

Trump ramps up his crusade for a weaker dollar, says the Fed’s rate decisions have ‘called it wrong at every step’

"As your President, one would think that I would be thrilled with our very strong dollar. I am not!" Trump tweeted Thursday.

The global trade war has morphed into a currency war. Here’s why that’s a scary proposition for markets.

"A trade war that was supposed to be easy to win seems like it's going to be hanging around for a long time," said Dan Ikenson of the Cato Institute.

China takes measures to keep the yuan from plummeting further, stabilizing markets after 2019’s worst rout

The move by the People's Bank of China to fix the yuan higher than analysts expected pushed its exchange rate back above a key psychological level.