The dollar is at its highest since November against other major currencies, poised for a fourth straight month of gains
Last year, the annual elite gathering of world leaders and chief executives held in the Swiss alps focused on what impact the newly elected Republican president would have on the global economy.
This year, Trump will discuss his "America First" agenda in person, said White House Press Secretary Sarah Sanders.
"At this year’s World Economic Forum, the president looks forward to promoting his policies to strengthen American businesses, American industries, and American workers," Sanders said in a statement.
The theme of this year's Davos conference, which will take place Jan 23-26, is to examine the causes of and solutions for political, economic and social fractures in society.