Kai Risdell

Marketplace' Justin Ho has more on what's weighing on the dollar and what it might mean.

The dollar's value rose early in the war, in large part because the conflict has had an outsized impact on the rest of the world.

It's bad for the United States.

It's just that it's worse for everybody else.

Ken Rogoff, an economics professor at Harvard, says other countries are much more affected by energy shortages from the Middle East.

As a result, investors poured more money into U.S.

assets.

When money flows to the United States, it pushes the dollar up.

When there seems to be peace again, some of the money reflows back in the other direction.

Rogoff says that's partly why the dollar's value started to fall after the ceasefire started a couple of weeks ago.

But plenty of other things are dragging down the dollar's value, including the price of oil.

That's Juan Perez, director of trading at Monix USA.

Oil prices surged at the outset of the conflict, but in recent weeks, they've fallen some.

There's also the president's approach to global trade.

The dollar is perhaps a victim of the Trump administration's policies trying to extricate the U.S.

from its role in the global economy.

That's Christopher Vecchio, head of futures and FX at the research company Tasty Live.

He says many investors have been shying away from the dollar because of how the Trump administration has treated its allies.

Given how the Trump administration has conducted itself,

in the lead up to this war, going after European allies for Greenland, how it's conducted itself during the war, chastising NATO.