Dollar slides as U.S. role shifts on the world stage
TL;DR Summary
The U.S. dollar has fallen for about a year, with the dollar index down roughly 3.2% since Jan 16 and 10.4% from Inauguration Day, as markets weigh fiscal deficits, expected rate cuts, and signals of a retrenchment in U.S. global leadership under Trump. Meanwhile equities ride on growth and AI, while safe-haven assets such as gold and the Swiss franc rally, signaling a shift in currency dynamics even as Treasury officials stress a strong-dollar policy.
- The economy's pressure relief valve: the U.S. Dollar Axios
- Trump is not worried by a weak dollar. Why the president and investors should be CNBC
- The dollar is sinking. Trump thinks it’s great. Politico
- Q&A on the Dollar Meltdown Robin J Brooks | Substack
- Dollar has its worst day since April after Trump says he's not concerned with recent slide NBC News
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