🚨 $TRUMP & The Weak Dollar Effect 🚨
💵 DXY (Dollar Index) Update: $95.80 — lowest level this year!
For context: it was $109 before Trump took office. That’s an 11% drop in the past year. ↩️
Why does it matter? 🤔
A weaker dollar makes U.S. goods cheaper for foreign buyers.
More exports → higher demand → more jobs. ✅
Helps big exporters, manufacturers, and multinationals.
Exactly what Trump wants to reduce the trade deficit. ⬇️
💰 Impact on Commodities:
When the dollar falls, it takes more $USD1 to buy the same ounce of gold/silver.
Investors flock to hard assets as a store of value.
Bullish signs for $XAG (silver) and $PAXG (gold). 📈
⚠️ Disclaimer: I do not provide financial advice. This content is for awareness of market trends before investing.
#DollarWeakness #GoldSilver #Commodities #USExports #TradeDeficit #Crypto #Finance