Mint Primer: How will Trump’s next obsession, a weaker dollar, play out?

News Snapshot:

What makes the US dollar so strong? The depth in US capital markets, the country’s commitment to rule of law and independent regulatory environment have ensured that risk of a sovereign default is very low, and this has made the dollar a safe bet for investors. It’s not surprising that the dollar accounts for 59% of the world’s central bank reserves. Also, about half of global trade is transacted in US dollars. In mid-January, the Bloomberg Dollar Index touched a multi-year peak of 109.96 as the US economy continued to post a strong show and markets were banking on a...