US dollar rose today, recovering some of last week's losses amid a surge in global markets.
Trump said that the US economy is in a good shape, and added that the trade talks with China are going very well, after his decision last week to delay the tariffs increase on several Chinese imports until mid-December.
The Federal Reserve will release its latest meeting's minutes next Wednesday, which will reveal the bank's members discussions that have resulted in an interest rate cut for the first time in more than a decade.
Trump called on the US Fed to cut rates at least by 1% and the possibility of preparing a quantitative easing program.
By 18:20 GMT, dollar index rose against a basket of currencies by 0.2% to 98.2 points, with a high of 98.2 and a low of 98.
Oil prices rose today trading on President Trump's remarks which have improved global markets sentiment after the sharp losses of last week.
Trump said that the US economy is in a good shape, and added that the trade talks with China are going very well.
Baker Hughes revealed last Friday that US oil drilling rigs rose by six to 770 rigs during last week.
By 17:16 GMT, dollar index rose against a basket of currencies by 0.1% to 98.1 points, with a high of 98.1 and a low of 98.
In oil market, by 17:09 GMT, West Texas Intermediate rose by 1.9% to $55.9 a barrel, with a high of $56.07 and a low of $54.8.
Brent rose by 1.6% to $59.5 a barrel, with a high of $59.6 and a low of $58.6.
Canadian dollar fell against greenback today amid calm trading in global markets after last week's losses in stocks and forex markets.
Canadian dollar fell as market's bets increased for global central banks to lower interest rates due to slowing growth signs.
President Trump said the US economy is in a good shape, and added that trade talks with China are going very well.
However, Trump continued to criticize the Federal Reserve, blaming it for market losses and volatility, while defending his trade war decisions with China.
Trump called on the Fed to cut rates faster, while noting that it need to cut at least 1% before the end of this year.
Meanwhile, by 16:19 GMT, CAD/USD fell by 0.3% to 0.7512, with an intraday high of 0.755 and a low of 0.7508.
US stocks opened higher today, after positive comments by President Trump yesterday to ease markets' concerns.
Trump stressed that he does not expect any recession any time soon as the US economy is in a good shape, and added that trade talks with China are going very well.
The markets see this progress in negotiations between the two countries is the main reason that made the US delay the tariffs decision on Chinese imports until mid-December.
The Federal Reserve will release its latest meeting's minutes next Wednesday, which will reveal the bank's members discussions that have resulted in an interest rate cut decision for the first time in more than a decade.
By 15:01 GMT, Dow jones rose by 1% or 255 points and reached 26,140 points, Nasdaq rose by 1.4% (110 points) to 8,006, and S&P 500 rose by 1.2% or 34 points to 2,923.