Here's What Trump Cannot Survive.

[HAB911]

7. The dollar is in trouble

President Donald Trump seems to favor measuring his economic performance by the way in which the U.S. stock market is doing. However, a more revealing and less rosy measure of his economic performance might be coming from the currency markets.

Following an initial bump up in the dollar’s value at the end of last year, on the prospect of a Trump presidency, the dollar has lost as much as 10 percent of its value since January 2017, Trump’s inauguration. This sharp dollar decline suggests growing doubts on the part of currency traders as to the direction of U.S. economic policy.

The dollar’s recent decline is particularly troubling, as it comes at a time when two historically very dollar-supportive factors are in play.

http://www.aei.org/publication/the-dollar-is-in-trouble/