Core Viewpoint - The U.S. dollar has experienced a significant decline, reaching its lowest level in four years, primarily due to comments made by President Trump and ongoing market reactions to U.S. economic policies [1] Group 1: Dollar Performance - The dollar has fallen 10% since early 2025, influenced by the "Sell America" trade initiated after Trump's tariff announcements [1] - A recent comment by Trump led to the dollar's worst one-day decline since April, prompting traders to shift towards safe-haven assets like gold and the Swiss franc [1] Group 2: Market Reactions - Treasury Secretary Scott Bessent attempted to mitigate the situation, but initial efforts have not been effective [1] - The New York Federal Reserve's rate checks on the dollar/yen pair raised concerns about potential coordinated currency interventions by U.S. and Japanese authorities [1]
Why gold and the Swiss franc suddenly look more attractive than the dollar
Fastcompany·2026-01-29 14:50