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Global Daily: Rage against the dying of the light

28 January 2026 4:41 RaboResearch

The de-Dollarisation meme rolled on yesterday as the Bloomberg Dollar spot index sank to its lowest reading since February of 2022. The fall became precipitous after Donald Trump was given an opportunity by journalists to talk up the Dollar, but instead replied “no, I think it’s great” when asked whether he was concerned about its recent drop. It would seem that there is no rage against the dying of the strong Dollar from the President.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more