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mysteryowl

(8,497 posts)
Wed Jan 28, 2026, 08:01 AM 14 hrs ago

US dollar sinks to its lowest level in four years

Source: The Guardian/US

The US dollar has fallen to its lowest level in four years after Donald Trump brushed off concerns over the currency’s fall, sending investors fleeing to traditional havens including gold and the Swiss franc.

The dollar dropped by 1.3% against a basket of currencies after the president’s comments on Tuesday, marking its fourth day of declines, then slipped by a further 0.2% on Wednesday morning.

“No, I think it’s great,” Trump said of the weaker dollar, during a visit to Iowa to promote his record on the economy. Asked whether he was concerned about the currency’s slide, he told reporters: “I think the value of the dollar – look at the business we’re doing. The dollar’s doing great.”

The greenback has tumbled by 10% over the past year, while Tuesday’s fall was the largest one-day drop since last April, when Trump announced his sweeping tariff plans, marking a global market sell-off.

Read more: https://www.theguardian.com/business/2026/jan/28/us-dollar-sinks-lowest-level-four-years



Oh, just freaking great.

20 replies = new reply since forum marked as read
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US dollar sinks to its lowest level in four years (Original Post) mysteryowl 14 hrs ago OP
"I think the value of the dollar - look at the business we're doing." A non sequitur. Grins 14 hrs ago #1
He is Mr. Superlative Adjective, the walking non sequitur. AZLD4Candidate 13 hrs ago #8
After two years of dismal performance a broker was quick to point out I had more shares. twodogsbarking 14 hrs ago #2
It's dropped by about 12% in the currency exchange between USD and CR colones since last January. sinkingfeeling 14 hrs ago #3
My mother had similar sentiment as Trump's re. a Weak Dollar. no_hypocrisy 14 hrs ago #4
That weak dollar won't buy as much at Walmart. gab13by13 13 hrs ago #9
That will make imported goods and American goods made with foreign components even more expensive surfered 14 hrs ago #5
Exactly, take more money to Walmart when you go shopping. gab13by13 13 hrs ago #10
So much winning. yardwork 14 hrs ago #6
He's going to take our money and run. We're being robbed in broad daylight by a moron. littlemissmartypants 13 hrs ago #7
He wants to replace the dollar with crypto-currency gab13by13 13 hrs ago #11
No. He wants to comingle our tax dollars... littlemissmartypants 12 hrs ago #12
Statement from Captain Obvious: 70sEraVet 12 hrs ago #13
#FDT and the GOPeee suegeo 11 hrs ago #14
I wonder if Trumps Condo on the med is going to be a non-extradition country? LiberalArkie 11 hrs ago #15
Graph of dollar, last 6 months progree 11 hrs ago #16
Correction: US sinks to its lowest level in 250 years usonian 11 hrs ago #17
In case we start using junk silver coins for transactions Mosby 8 hrs ago #18
It's great for Putin iemanja 8 hrs ago #19
Donny Dipshit thinks it's great Yo_Mama_Been_Loggin 8 hrs ago #20

Grins

(9,306 posts)
1. "I think the value of the dollar - look at the business we're doing." A non sequitur.
Wed Jan 28, 2026, 08:12 AM
14 hrs ago

He's unable to complete a sentence.

twodogsbarking

(17,762 posts)
2. After two years of dismal performance a broker was quick to point out I had more shares.
Wed Jan 28, 2026, 08:15 AM
14 hrs ago

I told him I can't buy groceries with "shares" and got a new broker. You might have a lot of dollars but, well, meh.

sinkingfeeling

(57,426 posts)
3. It's dropped by about 12% in the currency exchange between USD and CR colones since last January.
Wed Jan 28, 2026, 08:20 AM
14 hrs ago

no_hypocrisy

(54,489 posts)
4. My mother had similar sentiment as Trump's re. a Weak Dollar.
Wed Jan 28, 2026, 08:22 AM
14 hrs ago

Her myopic viewpoint was more countries would buy American exports because they'd be more affordable than other countries.

Sure, that's true on one level.

But b/c of Trump, our country is being roundly boycotted b/c of the tariffs and world political shenanigans.

Affordable stuff, but nobody's buying.

gab13by13

(31,490 posts)
9. That weak dollar won't buy as much at Walmart.
Wed Jan 28, 2026, 09:10 AM
13 hrs ago

I have posted 53 times over the past year that Krasnov only has one economic goal, to crash the dollar.

The dollar as the world's currency has never been at a greater threat than now. Krasnov and his billionaire cronies may want to play around with cyber-currency but the BRIC countries are trying to step in to replace the dollar. Those countries are working to create a basket currency to replace the dollar.

surfered

(12,137 posts)
5. That will make imported goods and American goods made with foreign components even more expensive
Wed Jan 28, 2026, 08:24 AM
14 hrs ago

littlemissmartypants

(32,293 posts)
7. He's going to take our money and run. We're being robbed in broad daylight by a moron.
Wed Jan 28, 2026, 08:59 AM
13 hrs ago

Russian asset psychopath says what?



gab13by13

(31,490 posts)
11. He wants to replace the dollar with crypto-currency
Wed Jan 28, 2026, 09:14 AM
13 hrs ago

and then simply wipe out our debt.

People who think they have a safe investment in cash in their 401k's are in for a rude awakening.

Look at the bond market and look at the price of gold.

Why do you think that Krasnov wants control of the Fed? he wants to lower interest rates to zero which will crash the dollar.

littlemissmartypants

(32,293 posts)
12. No. He wants to comingle our tax dollars...
Wed Jan 28, 2026, 10:02 AM
12 hrs ago

With crypto and the money in the US Treasury that we pay in tariffs (there is video of him bragging about how tariffs make a lot of money for the Treasury)

And he's literally going to steal it all. He's already doing it. He's giving his buddies kickbacks for bribes from our tax money.

I've read too much about this already. I have to respectfully disagree with you.

But thanks for the reply, gab13by13. ❤️

70sEraVet

(5,318 posts)
13. Statement from Captain Obvious:
Wed Jan 28, 2026, 10:25 AM
12 hrs ago

"On the other, it makes imported goods more expensive and there might be some inflationary impact from that.”
(same article)
Yeah, only IMPORTED goods, and there MIGHT be some inflationary impact??
So, the economy is doing great, unless you want to buy things.

Mosby

(19,285 posts)
18. In case we start using junk silver coins for transactions
Wed Jan 28, 2026, 01:36 PM
8 hrs ago

Here's a good site that shows updated melt values for every US silver coin.

https://www.ngccoin.com/price-guide/coin-melt-values.aspx

iemanja

(57,540 posts)
19. It's great for Putin
Wed Jan 28, 2026, 01:56 PM
8 hrs ago

who wants to see the destruction of America. Therefore, it's great for Trump. His goal is to destroy this nation. Mark my words.

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