With Trump in power, the dollar is likely to rally but then weaken

Quick Summary:

If a full-scale trade war erupts in 2025, the euro and the yuan may even fall below their all-time lows of 0.82 and 8.73 hit in 2000 and 1994 respectively.

Thus, investors shouldn’t rule out the dollar itself making new all-time lows over the next four years.

But after hitting its all-time high of 0.82 against the euro in 2000, the greenback fell to an all-time low of 1.60 against the single currency near the end of Bush’s presidency in 2008.

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Article Details

Author / Journalist: Mansoor Mohi-uddin

Category: MarketsFinanceInvesting

Markets: United StatesChinaJapanTaiwanUkraine

Topics: Euro Dollar Markets Financial Greenback Trump Cent Term 2025 All-time Likely

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 00:01:52 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 841 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23466246

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Official Website: ft.com

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