Dollar Slumps, Bitcoin Jumps: Trump and Powell's Money Mayhem
Key Points
- The U.S. dollar plummets to a three-year low amid Trump's tr...
Money managers are reaching for their migraine pills as Trump and Powell's latest public spat sends shockwaves through the financial markets. At this rate, they might need something stronger than aspirin.
Greenback Gets a Black Eye
The U.S. dollar is having what you might call a rough 2025. The greenback has nose-dived to a three-year low, with the Dollar Index dropping more than 10% since January. Trump's aggressive trade policies combined with his ongoing Federal Reserve feud have turned the mighty dollar into a 98-pound financial weakling. International investors are clutching their pea...
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