The dollar slid to a one-month low Tuesday after President-elect Donald Trump described the currency as “too strong” in an interview. The WSJ Dollar Index, which measures the U.S. currency against 16 others, fell 1.2% to 91.09, its lowest point since Dec. 8. Mr. Trump also criticized part of the House Republicans’ corporate-tax plan, known as border adjustment. The comments have forced some investors to rethink their expectations that Mr. Trump will quickly introduce fiscal stimulus and cut taxes. Some analysts expect Mr. Trump to give more clarity on his economic plans during Friday’s inauguration.

Source: Wall Street Journal January 17, 2017 15:42 UTC