The US Dollar Index getting weaker

in #news7 years ago

Before the 2016 election day, the dollar index was going up and up and up. However, even before Trump's inauguration day, the dollar has been going down.

As we can see here, the Dollar index has been going down for the past couple months now.



The problem is that a weaker dollar means that we are now spending more money to get less items. So foreign trades, like China, are selling less items, but are getting more profits for what they are selling us.

Another implication of a weaker dollar is that countries that borrowed in US dollars, their debt goes down as well.

To me, it seems that everybody is a winner here, except for people living in the US.


But what do you think:


How low will the Dollar Index go?

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