4 ms·
Trump's actions arent impacting reserve currency. That's not how it works. Reserve currencies dont shift 20% in a year. It's more like 0.5% per year tops. The
by incomingpain 1y ago
Trump's actions arent impacting reserve currency. That's not how it works. Reserve currencies dont shift 20% in a year. It's more like 0.5% per year tops.
The USD has dropped from 65% in 2014 to 57% in 2024
Euro has dropped from 21% in 2014 to 19% in 2024
Yen, Sterling hasnt moved around 6%
CAD is rising slightly 1.75% to 2.75%.
Renminbi raised slightly more from 1% to 2%.
Easy to predict future shifts. CAD is going to lose its temporary boost. Sterling probably going to take 5% out of the euro's share. Otherwise nothing significant regardless of what trump does.