The U.S. Dollar slide is evocative of the Nixon era

The dollar is the PACE in the first 100 days of the US presidency by its worst, as Richard Nixon was in the White House, as Donald Trump transforms global trade.
Trump trade policy is aimed at rejuvenation of youth production, inspiring the industrial base and improving national securitypushinvestors in assets outside the USA. This has led to weakening green and raised other currencies next to gold.
Meanwhile, this week’s data show that China remains dependent on external demand, and South Korean exports to the United States have fallen this month. The government’s forecasts pointed out the German economy to fight for expanding this year.
USA and Canada
The dollar’s measure is on the track for that Worst performance During the first 100 days of the US presidency, in the Nixon era, when the United States left the gold standard and passed a free floating exchange rate. On January 20, the US dollar lost about 9%.
Forecasters see that the US economy takes a hit from Trump’s trade policy. The economy is set expand In 2025, 1.4%, according to the recent study of the BLOOMBERG of economists, compared to 2% of the previous month’s survey. The middle respondent now sees 45% of the decline in the next 12 months, from 30% of March.
The next Prime Minister of Canada is Set in inheritance The semi-annual economists predict that the direct test of their government as President Donald Trump’s commercial war is lower than grinds business investments and exports.
Asia
China’s stronger than expected growth in the first quarter masks Main vulnerabilityExternal demand for growing dependence, which increases the threat of a sharper economic hit, how much trade tensions is growing. The strong investment of trade shows how fragile the domestic economy is, as it faces pressure, slow consumer requirement and long-term property.
Service prices in Japan remained climbed Last month, indicating sustainable inflationary pressures before the influence of US tariffs, as Japan’s bank is going to set a policy next week.
South Korea in April April Commercial data: He stared at how US policy can be shipped to dental economies. It showed outbound deliveries to the United States and China fell by 14.3% and 3.4%, and exports to the European Union and Taiwan.
Europe:
This year, Germany will probably not even be able to grow minimal economic growth in response to the revised government forecasts, which encounters a major challenge, which encounters conservative Chanceer Meriz next month. Gross domestic products likely to be weakened after the previous two years offset. The government’s economists used to expand 0.3% this year.
European Car sales Compared to December, the growth has been growing for the first time in the UK, a strong demand for electric vehicles for weak sales in Germany and France. In Italy and Spain, the demand was also strong.
Developing markets
Kenya’s economy is Set to exceed This year, the largest Ethiopian East Africa is becoming the International Monetary Fund, when Birr was devalued. According to the foundation, the gross domestic product of Kenya will be $ 132 billion in 2025, higher than $ 117 billion in Ethiopia.
Brazil’s annual Inflation has accelerated Until the mid-20th of mid-2023, the report following the directors of the Central Bank presents the investors that the strong monetary policy works.
World
International Monetary Fund drastically reduced This year, for the growth of the world, it warns that the worldview may worsen, as US President Donald Trump tariffs produces a global trade war. This year, the IMF cut its global growth forecast for 2.8%, which will be the slowest expansion of gross domestic product since 2020. This will be the second worst in 2009.
California Gavar Gavar news boasted that his state has become The fourth largest economy in the worldFollowing only the US, China and Germany in the World Rating Table. Last year, the state’s nominal gross product reached $ 4.1 trillion, according to Japan’s $ 4.02 worth of $ 4.02, reports that the IMF’s international average data and the newly published data of the RA Ministry of Economic Analysis.
Central Banks: IndonesiaTo be in style ParamountTo be in style Russia And Uzbekistan kept unchanged interest rates this week.
This story was originally shown Fortune.com