WASHINGTON/NEW YORK -- Incoming U.S. President Donald Trump put monetary officials worldwide on alert by breaking tradition with his comment in a newspaper interview that the dollar is now too strong.
The greenback retreated Wednesday, depreciating to its lowest against Japan's currency since late November at nearly 112.50 yen, sinking to a two-month low at one point against the yuan and temporarily weakening to roughly 1.0715 euro.