Lana

Investors have been ditching the dollar, and they can hardly count their reasons why with two hands.

We're talking tariff to and fro's, geopolitical rumblings, mounting government debt, and growing doubts about American assets.

Then there's the fact that traders are expecting more interest rate cuts, which, all else equal, typically makes a currency less attractive.

On top of all that, the U.S.

president shrugged off the slide, saying the dollar's doing great and can seek its own level.

Investors got the hint.

Support isn't coming.

With that, they pushed the greenback down to its weakest level in four years.

The dollar's drop won't hit everything the same way, so here are the pros and cons for your portfolio.

A weaker dollar makes American wares cheaper for overseas buyers, which helps export-heavy U.S.

firms sell more and lifts their international takings when converted back into dollars.

But it also makes imports more expensive, pinching businesses that rely on foreign components and, ultimately, everyday shoppers.

International stocks and economies often benefit, too.

The currency shift makes it cheaper for them to service their dollar-denominated debt and bolsters the value of what they earn in dollars and, in turn, their share prices.

That helps explain why non-US markets have done better this year.

Assets priced in dollars, like commodities, also tend to see a boost.

Gold has hit new record highs, with investors seeking its value-storing properties.

If most of what you own is US-based and dollar-denominated, you're effectively betting on the currency.

If that's not your intention, you'll want to spread your portfolio out more, across different regions and currencies.

That's it for today.