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The ever-stronger dollar confounds team Trump

King Dollar's crown grew a bit lighter Tuesday after Donald Trump said in an interview with the the Wall Street Journal that he thought the greenback was too pricey.

Currency traders took this as a cue that the President would take concrete steps to reduce the value of the dollar, and sent the Dollar Index down 0.70% as of mid-day on Tuesday.

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Data:

Money.net; Chart: Andrew Witherspoon / Axios

Meanwhile, across the pond: Trump adviser Anthony Scaramucci told an audience at Davos that he thought the U.S. economy could shrug off the effects of a strong dollar, and that the focus of the administration should be on infrastructure spending and tax and regulatory reform that would result in "robust growth."