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.

The dollar's surge since the U.S.-European Union trade deal seems a little counterintuitive at first glance, but the rally suggests the greenback may be shedding its elevated trade risk premium - whether Washington wants that or not.

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.

"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.

The dollar was on a shaky footing against the yen on Wednesday, having lost ground overnight, after U.S. President Donald Trump announced a trade deal with Japan ahead of an impending tariff deadline.

The Trump family businesses thrive on cryptocurrency and international investments. A meme coin generates significant fees, while Chinese billionaire Justin Sun heavily invests in Trump Crypto projects.

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.