The Us Dollar Is Falling as It Should, While Gold Is Shooting to Cosmic Heights
2 Articles
2 Articles
As the US dollar hit a multi-year low this week, some experts are warning that the world no longer trusts America's decisions or its currency. President Donald Trump counters that the dollar is doing well and a weak currency is even better for the country. However, the US's trading partners are worried about the dollar, as evidenced by the skyrocketing price of gold.
The US dollar has come under intense pressure, with its value already declining by more than 10 percent since Donald Trump returned to the White House. This is the conclusion of a recent analysis published by the Washington Post. The focus has been not only on the president's governing style but also on a series of unpredictable decisions that have caused a storm in financial markets.
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