USD: Trump will inflate the debt, which will cause dollar to drop, says UBS

According to information relayed by the Bloomberg agency, Wayne Gordon, strategist at UBS Wealth Management, says that we can expect a drop of the dollar with the presidency of Donald Trump.

According to him, Trump's policy will inflate the US debt, which will weigh down on the greenback, adding that the USD has already reached its "peak", and is destined to decline.

Finally, he also estimates - with regard to raw materials - that prices of metals and steel will increase in the light of industrial recovery, which will be boosted by Trump's investment programs.