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ANALYSIS: If history repeats itself, Trump could hurt the dollar

ANALYSIS: If history repeats itself, Trump could hurt the dollar

Bitget2024/11/07 19:10

If history repeats itself, Donald Trump's second presidency could hurt the US dollar, which fell during his first term and could fall again, and he could also devalue it, according to a foreign media analysis. During Trump's presidency from January 2017 to January 2021, the trade-weighted dollar depreciated by about 6 per cent. The widely watched and traded dollar index fell nearly 12 per cent.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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