The dollar has suffered from its worst month since 2023

The US dollar is on its way to its worst month in more than a year, as this threatens the customs definitions of President Donald Trump’s growth in the US economy. The Bloomberg index for the immediate dollar today fell by more than 4% from its peak on February 3, as the wrong start of customs tariffs and the delays traded to bet on the decrease in the value of the dollar. Earlier this year, this was a fundamental shift from its run, as investors were initially believed that the Trump administration plans would support the global reserve currency. “We were negatively influenced by Trump’s policies without the positive: the slowdown in US data, the falling hope of more motivation, the irregular customs tariff policy and an unexpected strong European response,” said Skailar Montgomery Connening, a Barclays currency expert. The slowdown in the US economy increases the number of investors on the way to negativity against the dollar, as data indicates the slowdown in the US economy, in collaboration with Europe’s intensification of spending. Consumer confidence in the United States dropped to its lowest level in four years in March, according to new data released on Tuesday. According to the JUSTICE Commodity Trading Committee data, the speculators ended the week on March 18 on the US dollar this week ended March 18, after being the most optimistic in mid -January before the inauguration. Bill Campbell, director of investment portfolios at Double Line Capital, indicated that it is more neutral against the dollar in the short term, although it is “a little tilted to land.” He added that investors were waiting before the inauguration to find out that any of the Trump campaign promises must first be implemented, but the president is at the same time working on many things, which have many ‘executive risks’, he said. So far in March, the dollar index has dropped 2.2%, the largest decline since November 2023, even with the possibility of customs duties in early April. The index fell 0.2% on Tuesday. The impact of customs duties on the dollar, Tim Baker, strategic expert at Deutsche Bank, said: “At the beginning of the year, the market was confident that the upcoming customs duties would positively affect the dollar. But US data is the source of concern about customs duties, not other countries.” Montgomery Conneling, of “Barclays”, said she reduced her expectations about the strength of the dollar before April 2, the date scheduled to enter the deferred US fees on Canada and Mexico, as well as other customs. The hedging costs have already increased before this decisive date. In addition to Canada and Mexico, Trump and Treasury Secretary Scott said they did not study fees and regulations on the so -rounded fifteen countries “dirty, a step that has additional consequences on the dollar. The postponement of customs duties and the weakness of US currency in recent weeks.