The speculators bet for the first time since Trump's victory on the weakness of the dollar
Summary traders in the $ 7.5 trillion market daily have for the first time bet for the fall of the dollar since Donald Trump won the US presidential election last year. The hedge funds, asset managers and other traders dropped the decline in the value of the dollar by a total of $ 932 million, according to the data of the future commodities for the week ended March 18. It is also a sign that Trump’s policies and questions about the US economy are negatively affecting – not positive – about the prospects for global monetary reserves. “Trump’s trade has turned as we know it upside down. The chaotic and educator of policy has also led to a state of uncertainty. This has led to a change in the market vision on the impact of the economy policy, inflation and monetary policy, from motivation to contraction.” Many Wall Street analysts expected at the beginning of 2025 that the dollar would continue its strength – at least in the first half of this year – thanks to the expectations associated with Trump’s policies and estimates with limited reduction in interest rates by the US federal reserve, but anxiety over the US economy has strengthened by the federal reserve. On the way to its worst monthly achievement since the end of 2023. The support of the US dollar on March 19 declared strategic experts in ‘Deutsche Bank’ in a memorandum to clients that the support previously expected to the dollar after Trump’s promises on commercial policies had already begun. On the other hand, strategic analysts in ‘Credit Agricole CIB’ reduced their expectations, saying that they ‘reduced the effect of the impact of a global trade war led by the United States, as well as employment operations in the public sector and immigration restrictions on US growth,’ which caused negative feelings against the dollar. Brad Bishtte, head of the Gisses Department of the Guefferies, concluded: “There was a very large amount of exaggeration in promoting the emerging dollar trade related to TIRMB at the beginning of this year.”