Tue, 22 Apr 2025

Tue, 22 Apr 2025 Why should I care if the US dollar falls?

Why movements in the US dollar have a massive impact internationally - and how it could affect you.

* The US dollar has fallen to its lowest level in three years due to a combination of factors, including: + Weakening US economic growth + Uncertainty surrounding President Trump's trade policies and tariffs + Pressure on the Federal Reserve from Trump's attacks on Fed chief Jerome Powell
* A weaker dollar means that: + US goods exports become cheaper + Imported goods may become more expensive for American consumers + Countries holding other currencies will benefit from lower oil prices, as crude oil is priced in dollars
* The fall in the dollar has significant implications internationally, including: + A potential shift away from the US and the dollar as a reserve currency + Changes to global trade patterns and commodity prices
* Experts predict that the dollar may recover some ground over the next few weeks but will not return to its previous levels.
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