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Forex

Trump irked by strong dollar caused by his own policy

Currency arm twisting could figure in economic dialogue with Japan

The yen logged a five-month high against the dollar in Tokyo Thursday.

TOKYO -- President Donald Trump is moving to rein in the dollar's appreciation as investors hopeful of economic stimulus snap up the U.S. currency, even though his America-first policy is the main culprit for the greenback's ascent.  

Trump told the Wall Street Journal Wednesday that too strong a greenback would damage the competitive advantage of American exporters. "That's hurting -- that will hurt ultimately," he said. And when asked about monetary policy, "I do like a low-interest rate policy, I must be honest with you," the president said.

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