Politics1/28/2026•Bloomberg

Trump Embraces Weaker Dollar & ASML’s Huge Beat As AI Spurs Demand | Daybreak Europe 01/28/2026

Trump Embraces Weaker Dollar & ASML’s Huge Beat As AI Spurs Demand | Daybreak Europe 01/28/2026

Here is a 190-word summary of the news article: US President Donald Trump has embraced a weaker US dollar, stating that he doesn't think the greenback has weakened excessively. This has fueled speculation that the dollar could be at the start of a longer-term decline. Meanwhile, ASML, a key supplier to the semiconductor industry, reported a huge earnings beat with bookings far surpassing consensus. The company also announced a €12 billion share buyback program by the end of 2028. The article also mentions an incident where Democratic US Representative Ilhan Omar was attacked during a town hall in Minneapolis. Tensions have been high in the area over federal immigration enforcement after agents fatally shot two US citizens. The report features commentary from French Finance Minister Roland Lescure and Hetal Mehta, Chief Economist at St. James's Place. The overall focus is on the weakening US dollar, ASML's strong performance, and the political tensions in Minneapolis.

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