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Dollar’s Value Has Melted Indeed – OMG!! 🍦💸
Ice creams and chocolates still taste good when they melt.
But when the USD melts, it doesn’t feel sweet — especially for investors!
Unlike tasty treats, the US Dollar doesn’t hold the same worth as a safe haven asset when it falls against global currencies like the Euro and the GBP.
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There are clear signs that the Trump Tariff Dramas — with President Trump as the lead actor — have caused trauma to the US economy.
One glaring signal? The USD is losing strength against the world’s major currencies, as reflected by the DXY Index, which tracks USD’s value against six key currencies:
- Euro
- British Pound
- Chinese Yuan
- Japanese Yen
- Canadian Dollar
- Swedish Krona
- Swiss Franc
DXY index has fallen below support range of 100.9 to 99.5, the range it was in March 2022! There this is a new low for the Dollar in 3 years!!
USD as a “safe haven” asset is looking seriously unfashionable this Trump Tariff season!!
*Before the arrival of the Trump Tariff season, USD was gaining strength during September 2024 to Jan 13 2025. Then USD began to weaken since Jan 13th 2025 this year. USD’s value has melted by 10% since Jan of this year.*
Euro Swims Above Resistance – A New Safe Haven?
Meanwhile, the Euro has appreciated against the USD, smashing through the long-standing resistance range of 1.11 USD — a level that hadn’t been broken since March 2022!
This upward move feels like a friendly dolphin — investors are increasingly embracing the Euro as a new safe haven to hold their wealth.
And it’s not just the Euro!
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GBP Follows Suit: Breaks 1.32 Resistance
The British Pound also rallied, breaking past the key resistance level of 1.32 USD on April 11th.
USD No Longer the Global Safe Haven?
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It’s becoming clear:
The USD is losing its shine as the global safe haven asset.
Trump’s tariffs are reshaping global economic fundamentals — and the world is watching.
My article can also be found in these platforms I post my content on-:
Hive — https://ecency.com/hive-150329/@mintymilecan
Publish0x — https://www.publish0x.com/@greenchic
Medium — https://medium.com/@kikctikcy
t2World — https://app.t2.world/
