US dollar sinks to its lowest level in four years
Source: The Guardian/US
The US dollar has fallen to its lowest level in four years after Donald Trump brushed off concerns over the currencys fall, sending investors fleeing to traditional havens including gold and the Swiss franc.
The dollar dropped by 1.3% against a basket of currencies after the presidents comments on Tuesday, marking its fourth day of declines, then slipped by a further 0.2% on Wednesday morning.
No, I think its great, Trump said of the weaker dollar, during a visit to Iowa to promote his record on the economy. Asked whether he was concerned about the currencys slide, he told reporters: I think the value of the dollar look at the business were doing. The dollars doing great.
The greenback has tumbled by 10% over the past year, while Tuesdays fall was the largest one-day drop since last April, when Trump announced his sweeping tariff plans, marking a global market sell-off.
Read more: https://www.theguardian.com/business/2026/jan/28/us-dollar-sinks-lowest-level-four-years
Oh, just freaking great.
Grins
(9,306 posts)He's unable to complete a sentence.
AZLD4Candidate
(6,738 posts)twodogsbarking
(17,783 posts)I told him I can't buy groceries with "shares" and got a new broker. You might have a lot of dollars but, well, meh.
sinkingfeeling
(57,430 posts)no_hypocrisy
(54,495 posts)Her myopic viewpoint was more countries would buy American exports because they'd be more affordable than other countries.
Sure, that's true on one level.
But b/c of Trump, our country is being roundly boycotted b/c of the tariffs and world political shenanigans.
Affordable stuff, but nobody's buying.
gab13by13
(31,507 posts)I have posted 53 times over the past year that Krasnov only has one economic goal, to crash the dollar.
The dollar as the world's currency has never been at a greater threat than now. Krasnov and his billionaire cronies may want to play around with cyber-currency but the BRIC countries are trying to step in to replace the dollar. Those countries are working to create a basket currency to replace the dollar.
surfered
(12,156 posts)gab13by13
(31,507 posts)yardwork
(69,052 posts)littlemissmartypants
(32,340 posts)Russian asset psychopath says what?
gab13by13
(31,507 posts)and then simply wipe out our debt.
People who think they have a safe investment in cash in their 401k's are in for a rude awakening.
Look at the bond market and look at the price of gold.
Why do you think that Krasnov wants control of the Fed? he wants to lower interest rates to zero which will crash the dollar.
littlemissmartypants
(32,340 posts)With crypto and the money in the US Treasury that we pay in tariffs (there is video of him bragging about how tariffs make a lot of money for the Treasury)
And he's literally going to steal it all. He's already doing it. He's giving his buddies kickbacks for bribes from our tax money.
I've read too much about this already. I have to respectfully disagree with you.
But thanks for the reply, gab13by13. ❤️
70sEraVet
(5,322 posts)"On the other, it makes imported goods more expensive and there might be some inflationary impact from that.
(same article)
Yeah, only IMPORTED goods, and there MIGHT be some inflationary impact??
So, the economy is doing great, unless you want to buy things.
suegeo
(3,118 posts)LiberalArkie
(19,422 posts)progree
(12,784 posts)Automatically self-updates

usonian
(23,925 posts)That is all.
Mosby
(19,289 posts)Here's a good site that shows updated melt values for every US silver coin.
https://www.ngccoin.com/price-guide/coin-melt-values.aspx
iemanja
(57,547 posts)who wants to see the destruction of America. Therefore, it's great for Trump. His goal is to destroy this nation. Mark my words.
Yo_Mama_Been_Loggin
(133,606 posts)raccoon
(32,261 posts)muriel_volestrangler
(105,746 posts)Republican Reagan 01/85-01/89: 153 -> 97 (down 37%)
Republican Bush I 01/89-01/93: 97 -> 92 (down 5%)
Democrat Clinton 01/93-01/01: 92 -> 111 (up 21%)
Republican Bush II 01/01-01/09: 111 -> 86 (down 23%)
Democrat Obama 01/09-01/17: 86 -> 100 (up 16%)
Republican Trump I 01/17-01/21: 100 -> 91 (down 9%)
Democrat Biden 01/21-/01/25: 91 -> 108 (up 19%)
Fascist Trump II 01/25-present: 108 -> 96 (down 11%)
https://uk.finance.yahoo.com/quote/DX-Y.NYB/
I just can't see the pattern ...