The U.S. dollar has been steadily falling since President Trump took office in January, but foreign-exchange expert Douglas Borthwick says that's due to the new U.S. leader talking the greenback down rather than markets rejecting The Donald.

"The U.S. government right now and Trump for sure has gone out and said: 'Look, we want a weaker dollar. The way we make the U.S. work competitive is having a weaker dollar,'" Borthwick said Wednesday during TheStreet's monthly Trading Strategies roundtable. "That's a different mantra from what you're hearing elsewhere, where most folks come out and say the dollar is weakening because nobody likes Trump."

The U.S. Dollar Index, which measures the greenback's value against a basket of currencies, has fallen from about 101 the day prior to Trump's inauguration to 96.68 Wednesday.

But Borthwick said the dollar "is moving in the direction that Trump wants. He doesn't look at this and think: 'Oh, goodness me, the dollar is weakening. This is terrible! He's thinking: 'This is great, because it's great for America. It's great for competitiveness.'"

What's Hot on TheStreet

Alibaba lit things up: After a monster run in its stock on the heels of a bullish investor day, Alibaba (BABA) founder Jack Ma saw his net wealth rise $8.5 billion to $41.8 billion. He is Asia's richest man, according to the Bloomberg Billionaires Index.

Why not stay long this tech stock, momentum lives on: Chip-maker Nvidia (NVDA) is the best-performing S&P 500 component this quarter. The stock is up a robust 54% in June as Wall Street has become even more bullish on the company's prospects.

ROBOTS: There really isn't any additional information needed on this one. Softbank Corp. (SFTBY) has struck a deal to pick up Alphabet's (GOOGL) robot-maker Boston Dynamics. TheStreet shows you inside of five seconds what Boston Dynamics does -- it's really cool stuff.

Click here for the latest business headlines.

If you liked this article you might like

Walmart Sinks Dow; Albertsons to Fight Off Grocery Struggles With Rite Aid-ICYMI

Walmart Sinks Dow; Albertsons to Fight Off Grocery Struggles With Rite Aid-ICYMI

A Technical Look at the AdvisorShares New Tech and Media ETF

A Technical Look at the AdvisorShares New Tech and Media ETF

Seeing Good Action in Several Stocks, Buying More MJ, Gold

Seeing Good Action in Several Stocks, Buying More MJ, Gold

Expensive Stocks Get More Expensive; Activists to Stall Newell Asset Sales--ICYMI

Expensive Stocks Get More Expensive; Activists to Stall Newell Asset Sales--ICYMI

15 Big-Cap Stocks Suffering the Most From Thursday's Market Rout

15 Big-Cap Stocks Suffering the Most From Thursday's Market Rout