Mint Primer: How will Trump's next obsession, a weaker dollar, play out?

What makes the US dollar so strong? The depth in US capital markets, the country's commitment to rule of law and independent regulatory environment have ensured that risk of a sovereign default is very low, and this has made the dollar a safe bet for investors. It's not surprising that the dollar accounts for 59% of the world's central bank reserves. Also, about half of global trade is transacted in US dollars. In mid-January, the Bloomberg Dollar Index touched a multi-year peak of 109.96 as the US economy continued to post a strong show and markets were banking on a…