US dollar weakens due to Trump's tariffs, benefiting currencies like Swiss franc and boosting exports

From Yahoo Finance: 2025-04-19 12:47:00

The dollar has weakened by nearly 10% due to President Trump’s tariffs, benefiting haven currencies and export-driven economies. Winners include the Swiss franc, yen, euro, and emerging market currencies. A weaker dollar boosts exports, commodity prices, and stock markets, but could lead to de-dollarization efforts. Gold prices surge, while crude prices drop. Soybean futures rise.

Read more: These are the big winners as the US dollar weakens