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The dollar just hit its highest level of 2019, even as Trump continues his full-court press for a weaker currency

The dollar just hit its highest level of 2019, even as Trump continues his full-court press for a weaker currency
iStock; Olivier Douliery-Pool/Getty Images; Samantha Lee/Business Insider



The dollar rose to its highest level of 2019 on Monday.




The gains came amid further complaints from Trump that the greenback is too strong — something he says works counter to the US's trade-war interests.




Trump once again called for the Federal Reserve to lower interest rates, which he believes will likely be dollar-negative.




An expert at Monex Europe explains why there are simply too many forces pushing to dollar higher for a weak currency to be attainable in the near term.




Read more on Markets Insider.




Trump's frustrations with the US dollar continue.
The president again took to Twitter on Monday to lament the strength of the US currency, which he says runs counter to his trade-war objectives. Meanwhile, the Bloomberg Dollar Index — which surveys the greenback versus a basket of global currencies — climbed to its highest level of 2019 that same day.
"Our dollar is so strong that it is sadly hurting other parts of the world," Trump tweeted.
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