Foreign media: Dollar faces its worst first-100-day performance since Nixon
According to online reports, according to Bloomberg, an indicator of the performance of the US dollar shows that the US dollar is heading for its worst performance since the first 100 days of the US presidency. Relevant data can be traced back to the Nixon era, when the United States abandoned the gold standard and switched to a freely floating exchange rate system. Since Donald Trump returned to the White House on January 20, the U.S. dollar index has fallen nearly 9% as of April 25, and is on track to record its largest decline in the first 100 days of the presidency since 1973. In contrast, in recent decades, the dollar has usually performed strongly in the 100 days before a U.S. president takes office, with an average return of nearly 0.9% from Nixon's second term in 1973 to Biden's inauguration in 2021.
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