The U.S. dollar index is down more than 10% against a basket of other currencies this year, at a three-year low. The speed of the decline is the story. 🇺🇸 Among the investor turn-offs are President Trump's volatile trade policy, stagflation fears, and exploding deficits. Wall Street is still spooked by the Trump Administration’s tariff policies, which showed investors flee U.S. assets, selling government bonds and dollars in the aftermath."It's the sort of pattern you'd normally see in a stressed, emerging market," Adam Slater at Oxford Economics tells Axios, not in the US. "It's a little warning of what could come if policies deteriorate a lot further." 🇺🇸
https://www.axios.com/2025/06/27/trump-tariffs-dollar-stagflation
