U.S. Dollar Sees Biggest One-Day Drop in Months  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

January 28, 2026   |   Read Online Not a fan of Fred? Unsubscribe here.   Dollar Slides After Trump Remarks, Markets Reassess Currency Direction U.S. Dollar Sees Biggest One-Day Drop in Months January 28, 2026 MorningBullets is the fastest way to catch up on the market and political news that matter most to your money. Quick takes, sharp insight, and curated opportunities—served fresh every weekday morning. UNDER-THE-RADAR SMALL-CAP WATCH Sponsored Content 3 New Setups Firing Before the Crowd Remember the runs that started quietly? Three fresh small-cap names are now signaling early—flow turning, ranges tightening, and catalysts brewing. We're publishing the full trade-setup report for alert-list readers first. Get Early Access By clicking the link above you agree to receive periodic updates from our sponsor. Currency shifts put investors on alert. Good Morning, Markets are holding near record highs, but a sharp move in the U.S. dollar is stealing attention. The greenback just saw its biggest one-day drop in months after fresh comments from Trump signaled the White House may not mind a weaker currency. We break down what happened, why it matters for inflation, trade, and global stocks, and where investors may start looking next from gold to overseas markets. If you own large multinationals or are watching rate sensitive sectors, this is the one to read. California's proposed 5% wealth tax and exit penalty echoes France's failed attempt, while UPS slashes 30,000 jobs amid Amazon pullback, and Bitcoin slips below $90K as markets brace for Fed signals. Don't forget to voice your opinion in my polls below. Here are your Morning Bullets. – Truly yours, Fred Frost 📉 Yesterday's Market Recap Yesterday's market painted a split picture: the S&P 500 and Nasdaq rode a five-day winning streak to new highs, while the Dow took a 408-point tumble, dragged by a 20% plunge in health insurance stocks like UnitedHealth. Big Tech anticipation and gold steadying above $5,000 kept optimism alive, but cracks are showing as investors brace for Fed news. S&P 500 Sets Record: Closed at 6,978.60, up 0.4%, extending a five-day rally fueled by tech sector strength. → MarketWatch Dow Drops 408 Points: Fell 0.8% to 49,003.41, hit hard by health insurance losses after weak Medicare rate proposals. → CNBC UnitedHealth Plummets 20%: Shares tanked to $282 after projecting a rare revenue decline for 2026, erasing billions in market value. → Fortune 📉 Daily Performance Snapshot Index/Asset Closing Value Change S&P 500 6,978.60 +28.37 (+0.41%) Nasdaq 23,817.10 +215.74 (+0.91%) Dow Jones 49,003.41 -408.99 (-0.83%) Gold 5,266.01 +85.00 (+1.64%) Crude Oil 62.90 +0.51 (+0.82%) Bitcoin 89,897.00 +2,046.00 (+2.33%) 10-yr Treasury Yield 4.244% +0.021 (+0.50%) 🔭 What to Watch Today Today's calendar could sway markets with the Fed's interest rate decision and key earnings reports on deck. Geopolitical tensions also simmer, potentially rattling investor confidence. Keep your eyes on these events. Federal Reserve Rate Decision (2 PM ET): With a 97.2% chance of rates holding steady, Chair Powell's press conference could hint at future moves amid political pressures. → Benzinga Microsoft & Tesla Earnings (After Close): Microsoft eyes $3.97 EPS on $80.27B revenue, while Tesla faces a projected 4.2% revenue drop to $24.61B. → Stocktwits Middle East Tensions: Trump's ultimatum on Iraq and Iran's protest crackdown could spike oil volatility if red lines are crossed. → ABC News 💡 Opportunity Watch Amid market highs and global friction, a few sectors and assets stand out for potential upside. These opportunities tie to recent economic data and policy shifts—let's see where the smart money could go. Gold & Precious Metals: With prices over $5,300 and dollar weakness persisting, gold remains a safe haven as geopolitical risks mount. → Fortune Energy Fuels (UUUU): Up 3% premarket after a $299M rare earth acquisition, bolstered by U.S. nuclear energy policy tailwinds. → Stocktwits AI & Semiconductor Stocks: ASML's record bookings and SAP's AI pivot signal sustained demand—watch for spillover into broader tech. → MarketWatch Sponsored Content Inside Crypto's "Point of No Return" From 600 interviews: the catalyst to watch, the hidden pattern top earners use, and why this cycle could outpace 2017 and 2021. Get Crypto Revolution free—plus bonus guides. 📥 Download Free + Bonuses By clicking the link above you agree to receive periodic updates from our sponsor. 🔥 The Big Bullet The U.S. dollar fell sharply after Trump comments, while markets digested the move What happened: The U.S. dollar dropped hard in one day, its biggest slide in months. The move came after Trump said the currency "hasn't fallen too low," which traders took as a sign that the White House may be comfortable with a weaker dollar. A weaker dollar means it takes more dollars to buy the same amount of foreign money. That can quickly change prices for imports, travel, and global company earnings. Stocks did not all react the same way, with some markets steady and others choppy. In Asia, trading was mixed as investors tried to understand what the dollar move means for growth and inflation. Asian markets were mixed even after Wall Street hit a record while the dollar kept sliding. Currency moves like this can happen fast and then calm down just as fast. But this one got attention because it was tied to policy talk, not just day-to-day trading. Why it matters: The dollar is like the price tag for global money, so big swings can ripple across many assets. A weaker dollar can make imports cost more, which can push inflation up over time. It can also lift profits for large U.S. firms that sell overseas, because foreign sales turn into more dollars when brought home. At the same time, it can worry investors who want stable prices and steady policy signals. Gold often benefits when people doubt the dollar's strength, and one article noted gold rising as talk grows about a weaker dollar and how global investors read that message. Even with high metals prices, some investors are staying calm because they see reasons the move can be managed, as explained in why investors aren't scared of record gold and silver prices. For bond markets, dollar weakness can matter because it changes how foreign buyers view U.S. assets. In plain terms: when the dollar moves, it can shift where money wants to hide and where it wants to take risk. What's next: Investors will watch for any follow-up comments that confirm or soften the message about currency levels. Traders will also keep an eye on trade talks, since trade policy can change currency flows and business costs. In Europe, the push to widen partnerships could shape future trade patterns and currency demand, including the EU seeking new trade partnerships. Global leadership trips can add headlines that move markets, especially when big companies join, like executives joining the U.K. prime minister on a high-stakes China trip. If the dollar keeps falling, watch whether commodities keep climbing or if they cool off. Also watch whether import-heavy retailers and manufacturers start warning about higher costs. Currency markets can reverse quickly, so the next few trading sessions matter. Finally, keep an eye on how U.S. stocks react if the dollar move starts to affect inflation expectations. A small shift can be normal, but a sustained trend can change where investors place their money. How dollar weakness affects imports, exports, inflation, and global investing – Investopedia How exchange rates respond when investors think rate cuts or policy shifts are coming, which matters when leaders comment on currency levels. – Federal Reserve How the main forces behind gold prices, including currency moves and safe-haven demand, which ties directly into the market response described above. – Investopedia Reader Feedback Last time, I asked you: President Trump is threatening new taxes on South Korean goods to force a trade deal. Do you think this strategy is good for the U.S.? The majority of you at 40% said "No: It just raises prices for American shoppers." Ethan from New Jersey replied: "I don't think it's good because higher taxes on goods usually means Americans end up paying more at the store." Here's what I'm asking you today The U.S. dollar is falling fast. Who do you think wins the most if America has a weaker dollar? Big U.S. companies selling overseas Shoppers paying for imports Gold and "safe" investments Not sure/no opinion Other As always if your opinion is not here, or you want to throw your two cents at me, reply to the E-mail, and let me know your exact thoughts. 🧭 Policy & Market Ripples California Wealth Tax Debate: A proposed 5% billionaire tax with an exit penalty stirs controversy—critics warn of capital flight akin to France's failed levy. → Fortune UPS Cuts 30,000 Jobs: Despite a stock bump post-earnings, UPS's workforce reduction signals a leaner logistics future as it sheds Amazon volume. → ABC News Bitcoin Below $90K: Crypto markets diverge from equities, with Bitcoin failing to hold $90,000 ahead of Fed meeting—bearish risks linger. → Benzinga 📜 This Day in History – January 28 January 28 has a quiet competence about it — the sort of day when legal frameworks, consumer products, and institutional upgrades clicked into place and then simply never left. 1958 – LEGO patented its modern interlocking brick design, a manufacturing and IP milestone that turned modular play into a global, compounding product ecosystem. 1915 – The United States Coast Guard was created through a merger of maritime services, an efficiency play that professionalized safety and commerce enforcement at sea. 1688 – Robert Boyle, pioneer of modern chemistry and experimental method, was born — a reminder that measurement is the first technology. 1983 – The Disney Channel launched, an early signal that children's media could be vertically integrated into a full subscription-and-merchandise economy. Today's Trivia What is the primary purpose of financial planning? A) To maximize spending in the short term B) To manage money strategically to meet future goals and handle risks C) To avoid paying taxes entirely D) To invest only in the stock market 83% of you chose the right answer to our previous trivia question: It allows living standards to improve over time Do not save what is left after spending; instead spend what is left after saving. – Warren Buffett Thanks for Reading. Stay Sharp. Stay Focused. Fredrick Frost Editor, MorningBullets   Update your email preferences or unsubscribe here © 2026 Morning Bullets 20 North Orange Ave. Floor 11 Orlando, Florida 32801, United States of America Terms of Service