Reason No. 7 (Why the US Dollar Is Struggling)

Reason no. 7 Why the US Dollar is struggling.

Dollar dumping continues today. It’s midday in the Asian session on Apr 16 and so far EUR/USD is up 0.8%, Gold 2.03%, AUD/USD 0.08%, GBP/USD 0.33%, USD/CHF -1.09%, USD/JPY -0.63%.

Forexlive posted this is due to several factors working to encourage sellers to come out. Namely, those are 1) Tariffs, 2) Growth, 3) Deficits, 4) The rules and norms, 5) Immigration, and 6) Fed Policy.

I would simply argue there is a seventh reason: Trump will double down.

Make no mistake, he IS SEEING the damage being done but instead of trying to reasonably undo the series of damage being inflicted or slow down the blows, he is still trying to maneuver this as if the world cannot do without America.

That is such a destructive mindset to have as guiding principle.

Read: Trump planning to shut down entire US embassies (RT on X)

So as much as we’ve seen dollar being dumped and some feeble attempts to calm markets, I believe Trump will be Trump. He can’t be wrong. So he will double down.

If you’re a trader and not selling the dollar, I hope you have a better trading strategy than me.