The U.S. Dollar slide is evocative of the Nixon era

The dollar is on pace for its worst performance during the first 100 days of a US presidency since Richard Nixon was in the White House as Donald Trump imposes tariffs and attempts to reshape global trade.

Trump’s trade policy — aimed at rejuvenating domestic manufacturing, shoring up the industrial base and improving national security — has pushed investors into assets outside of the US. That’s led to a weakening in the greenback and lifted other currencies alongside gold.

Meanwhile...