Why is the US dollar falling?
In 2017 alone, the dollar has lost around 12 percent of its value, and its decline of more than six consecutive months marks the longest sustained fall it has suffered in at least 14 years. The dollar’s fall is even more remarkable given that January witnessed the currency notch its highest level since 2002.
A handful of factors have underpinned the dollar’s poor run this year. Among the most impactful appears to be what has come to be known as the “Trump slump”. In the wake of the new US government’s failure to pass healthcare and tax-cut reforms as initially promised, the dollar’s strength has taken a hit as concerns continue to be raised over the Trump Administration’s ability to fulfil its agenda.
https://internationalbanker.com/brokerage/us-dollar-consistently-falling-throughout-2017/
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