fromFast Company
5 hours agoWhy gold and the Swiss franc suddenly look more attractive than the dollar
On Wednesday, Treasury Secretary Scott Bessent sought to do some damage control. It doesn't appear to be working yet. Understanding what's happening with the dollar now traces back to early 2025, when the greenback hit a multi-year high relative to other currencies just days before Trump's return to the White House. The dollar has tumbled 10% since, a victim of the "Sell America" trade that first came into vogue after Trump announced sweeping tariff plans last April.
US politics