Dollar at four-year low and still dropping

Over the past two weeks, the dollar’s exchange rate against a basket of major currencies dropped to its lowest value in four years. “What is particularly striking is the momentum with which the U.S. currency has depreciated across the board,” Germany’s Handelsblatt wrote. The dollar was already at a four-year low due to distrust in the U.S. as a reliable trading partner and a lack of demand for U.S. bonds. President Trump responded that he was not concerned about it, which caused the dollar’s value to drop further. (He has long argued that a weaker dollar has certain advantages in manufacturing, energy and many exports). The Trumpet warns that Bible prophecy reveals a financial crisis will help isolate the U.S. economy from the rest of the world.