Suche
Mein Konto
US Dollar Success! BRICS currencies are reeling under Trump pressure
BRICS alliance fails due to strong US dollar, finds itself under pressure in view of Trump's re-election, departure failed.
US Dollar Success! BRICS currencies are reeling under Trump pressure
The US dollar started 2025 with a bang and is leaving the currencies of the BRICS countries far behind. The DXY index, which measures the performance of the dollar, has crossed the 110 mark. US markets are full of hope that Trump's re-election will bring economic recovery to America. But while this positivity is bubbling in the US, the BRICS countries are suffering from the angry dollar that is bringing their currencies to their knees. Particularly affected is the Indian rupee, which has fallen to an all-time low of 86.68 and is expected to slide further to 90-92 according to information from watcher.guru.
With huge capital inflow into American markets, the dollar continues to strengthen as institutional investors dump foreign investments and pump their money into the US. The euphoria over Trump is at its peak as the belief that he will bring good fortune to the economy remains unbroken. In the middle of it all is the BRICS alliance, which Trump has already threatened with 100% tariffs if they want to boycott the dollar in trade. De-dollarization could be doomed to failure in his office, as the newly elected president plans to protect the dollar by all means. It remains to be seen whether Trump will lead the USA to economic heights or whether everything will falter as watcher.guru reports.