While the U.S. dollar gained ground Friday, it is still set for a weekly drop amid ongoing tariff negotiations and bank meetings scheduled for next week.

"I'm a person that likes a strong dollar, but a weak dollar makes you a hell of a lot more money. If we have a smart president, you're never going to let the dollar slide. If you have a dummy, that could happen,

“The Wall Street Journal, and Rupert Murdoch, personally, were warned directly by President Donald J. Trump that the supposed letter they printed by President Trump to Epstein was a FAKE and, if they print it, they will be sued,” Trump wrote in a Truth Social post.

Investors gave a tepid welcome to President Trump's trade deal with the European Union. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The dollar index (DXY00) today is up by +0.35%. The dollar is climbing today on comments made late Thursday from President Trump that firing Fed Chair Powell wasn't necessary, easing concerns around the Fed's independence that could spark foreign investors to shun dollar assets.

The euro briefly hit a three-week low on Monday before partially recovering, while the dollar held steady in a muted reaction to U.S. President Donald Trump's threat to impose a 30% tariff on imports from two of the largest U.

A drop in the US dollar over the first six months of President Trump's new term could have wide-ranging effects, from how tariffs are felt to Federal Reserve policy to America's role in the world.