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.

One week after claiming the US dollar could only slide under a "dummy," President Donald Trump is touting the benefits to the dollar weakening on his watch.

The U.S. dollar jumped 1% after Trump's EU trade deal, posting its best day in months as euro tumbled and traders scrambled to cover shorts.

The dollar rose against the euro and yen on Monday as markets were buoyed by a trade agreement between the U.S. and the EU, which brought some market certainty and averted a global trade war.

"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.

President Trump hints at refund checks for certain Americans, citing soaring tariff revenues and a push toward fiscal responsibility and economic growth.

The dollar is wrapping its worst week in July as President Donald Trump amps up his calls for interest-rate cuts amid a looming deadline for trade deals.