Many officials in the Irish government "were definitely not looking forward to Trump's visit and were planning a low-key program mostly out of sight of the public as there is a lot of antipathy (in Ireland) towards Trump", the diplomatic source said.
The giant "baby Trump balloon" flown during the US President's trip to the US was set to take to the skies in Ireland during his visit.
"There is an open invitation to the US President to visit Ireland at any time", he added.
US President Donald Trump's November visit to the Republic of Ireland has been cancelled.
Taoiseach Leo Varadkar told the state broadcaster RTE the trip's announcement had come "a little bit out of the blue" earlier this month.
Mr Trump talked about his relationship with Mr Varadkar, the Irish chief, when the pair together honored St Patrick's Day final March in Washington DC. "As details are confirmed we will let you know", Ms Sanders said.
The president had planned to visit Dublin and his property in Ireland, a golf resort in Doonberg, on November 10-11 before visiting Paris on November 11.
The White House had announced the visit on August 31, taking Varadkar by surprise.
Turkish lira hits new high amid rate hike talk
The currency has plunged in recent months and even after Thursday's rise was down nearly 39% against the dollar this year. The lira reacted strongly to the decision, rising by 5 per cent in value to 6.0 lira to the U.S. dollar.
"I can confirm that the proposed visit of the US President is postponed", wrote Laura Durkan, a press officer with the Irish prime minister's office.
The delay in the president's visit may come as a relief, with several Irish political parties suggesting they would stage protests which could present a diplomatic dilemma for the government.
Preparations for street protests over the visit were already under way when it emerged Mr Trump has cancelled his trip.
Brendan Howlin, the leader of the Labour Party in the Republic of Ireland, said that Mr Trump was "no friend of democracy or human rights".
He had been due in Ireland the following day.
Trump's family business operates a golf club on Ireland's west coast.
Trump was among the world leaders to congratulate Varadkar on becoming the country´s youngest ever and first openly homosexual leader after his election a year ago.