U.S. President Donald Trump said the dollar is too strong and took a swipe at Federal Reserve Chairman Jerome Powell as someone who "likes raising interest rates."
The dollar was quoted lower against the euro and the yen in early Asia-Pacific trading hours on Monday after Trump's comments over the weekend.
The U.S. economy is doing well despite the actions of the central bank, Trump said during a wide-ranging speech Saturday at the Conservative Political Action Conference in National Harbor, Maryland.