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Tracking the fate of king dollar

By Grant Smith, Karin Strohecker and Dhara Ranninghe

London (Reuters) -Guctru famous US dollar weakened President Donald TrumpHard tariffs, attacks on the Federal Reserve and distance from allies and global institutions.

According to the latest IMF data, the dollar compensates for the majority of the Central Bank’s foreign exchange reserves. Given the dominance of the US in the global economy, trade and debt markets, it is not expected to lose this position soon.

Nevertheless, the Dollar Index, which measures the value of buying green against a basket of large world currencies, has been subjected to the worst half of the year since the early 1970s. And the changes in the US policy mean that the stance of the dollar is under investigation, as Gold and Euro and China in line with the dollar’s problems.

Our live instrument panel constantly monitors the performance of the dollar, stocks up the current stance and stocks graphs where it can go later.

(Reporting by Grant Smith, Karin Strohecker and Dhara Ranninghe; Elisa Martinuzzi, Ben Welsh and Nick Zieminski)

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