President Trump’s “Make America Great Again” (MAGA) agenda has often included protectionist trade policies, tariff impositions, and efforts to boost US manufacturing competitiveness – all of which can exert downward pressure on the US dollar. During his first term, Trump repeatedly criticised a strong dollar, arguing it put American exporters at a disadvantage. His administration has hinted at direct intervention in currency markets and pushed for lower interest rates to keep the dollar subdued. Well, direct intervention or not, it looks like the President is about to get his wish. The US dollar is flirting with its ... (full story)