Market Review and Trends
4 Reasons Why USD is Weakening and Possible Future Trends
By Xeolyenomics - The Game of Economics  •  August 10, 2017
Shortly after the US Presidential elections, the USD shot up and hitting a multi-year high, with investors expecting that a newly inaugurated President Trump will be able to revitalize the US economy through tax cut, infrastructure building and trade sanctions which all will assist in the strengthening of the USD. 8 months later, the USD has reached a 2 year low and has fallen rapidly by 6% against SGD within this short period of time. There are 4 main reasons behind this sharp decline: Reason 1: Chaos in Trump Administration The rush of scandals that engulf the Trump administration and Trump's Apprentice style of rapidly hire and fire of key position holders in the Trump administration meant that the White House spent more time combating one crisis after another. Rather than putting priorities on policies that will boost the US economy directly, Trump focuses on enacting immigration policies and repealing Obamacare and wasted ......
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By Xeolyenomics - The Game of Economics
Xeolyenomics is essentially a lighthearted blog that talks about my observation about my world, primarily in the world of finance, game design, entrepreneurship and some of the humorous stuff that happened to me ...
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