Trump Says He's Not Concerned with Decline of US Dollar, US Dollar then nosedives

https://www.bloomberg.com/news/articles/2026-01-27/trump-says-he-s-not-concerned-with-decline-of-us-dollar?srnd=homepage-americas

President Donald Trump said he did not think the value of the US dollar had declined too much, saying it was “doing great” and he expected currency values to fluctuate.
“No, I think it’s great,” Trump told reporters in Iowa on Tuesday when asked if he was worried about losses in the dollar that have dragged the world’s premier reserve currency to its weakest level in nearly four years. “I think the value of the dollar — look at the business we’re doing. The dollar’s doing great.”

The US dollar immediately dipped after these comments, and so did US bonds.