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The Tell: Why Trump’s tweets about the U.S. dollar might soon pack a lot more punch

President Donald Trump is again calling for a weaker dollar.

And that preference might now be starting to line up with market fundamentals, which means his pronouncements on the value of the currency could pack a lot more punch in the run-up to the 2020 presidential election, according to Alan Ruskin, chief international strategist at Deutsche Bank.

Trump took aim at the euro EURUSD, +0.1768% “and other currencies” that he described as “devalued against the dollar, putting the U.S. at a big disadvantage,” in a Tuesday tweet that also folded in another round of criticism of the Federal Reserve.

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