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The US dollar, the world’s global reserve asset, is currently spiraling out of control. USD’s purchasing power has been declining rapidly, weakening the American currency at a record pace. Moreover, Trump’s consistent tariff policies had ushered in global market uncertainty, putting pressure on the dollar at its core. Trump is also positioned to lower interest rates sooner rather than later, which may again shift global sentiments, weakening investments in dollar-backed assets. With such significant shifts happening at a rapid pace, one leading asset manager now believes that the dollar may continue to roll in the dust in the near future. Also Read: Revolt Against US Dollar: ASEAN Countries QR Code Payment Gains Steam Dollar to Continue Falling? Source: Freepik.com As per a recent Bloomberg article, DoubleLine Capital’s Bill Campbell believes the US dollar is poised to decline further in the near future. Campbell, in his recent note, shared how the appointment of the new Fed...

The US dollar strength keeps breaking records. Jobs data from December was better than expected. The dollar index went up to 109.99, the highest in two years. The euro and pound dropped to their lowest points in years. All this happened because the U.S. economy is doing well. Source: TradingEconomics Also Read: Cathie Wood’s Ark Invest Buys $8.6M of Amazon (AMZN) Stock How U.S. Dollar Strength Impacts Global Markets and Forex Trading Source: Watcher Guru Jobs Report Fuels Dollar’s Rally Source: BLS.gov The U.S. added lots of jobs in December. The jobless rate fell to 4.1%. This strong dollar impact changed how traders think about rate cuts. They now only expect one small cut in 2025. “With markets currently pricing in just over one rate cut by year-end, the reaction to the inflation print may be relatively measured,” stated Uto Shinohara, senior investment strategist at Mesirow Currency Management. Source: BLS.gov Global Currency Pressures Mount The euro went down by ...