De-Dollarization: Investors Are Ditching US Dollar For Yen & Franc
President Donald Trump has adopted an aggressive stance when it comes to levying tariffs on nations. On April 2nd, Trump announced a fresh spree of reciprocal tariffs on nations to bolster the US economy. This development has, however, negatively impacted the investor sentiment that has lately been exploring other currencies as safe haven assets. That being said, Trump’s aggressive tariff policy has also been impacting the US dollar, leading it to experience fierce volatility. With investors exploring other currencies, is Trump truly adding more fuel to the rising de-dollarization narratives? Also Read: Gold Hits Record $3,167: How Trump’s Tariffs Are Fueling the Surge Major Currencies Win Against the US Dollar Source: Watcher Guru Experts are predicting a volatile US economic future, with the US dollar noting fluctuations in its current market stance. On April 2nd, Trump announced a list of fresh reciprocal taxes, sparking active trade war fears on the horizon. Trump levied a 34%...