Dollar Index Hits Three-Year Low

Policy Push vs. Market Pull: Dollar Under Pressure As 'Reserve Currency May Be Called Into Question' Amid Tariff Turmoil - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

As the U.S. dollar remains under pressure, its status as the “reserve currency” has come into question. Experts are highlighting the current administration’s intentions to reshape global economic linkages, along with a market reaction that suggests a potential erosion in its status. What Happened: The U.S. dollar index has declined 8.21% on a year-to-date basis as of the publication of this article. This decline was accelerated by the surprising…

Dollar Index Hits Three-Year Low

The dollar has fallen 0.7 per cent today, marking its fifth straight day of decline, as markets continue to reassess the currency’s position in the global economy. The DXY index, which tracks the dollar’s value against a basket of currencies, dropped to its lowest in three years in trading today. The dollar index has now fallen more than four per cent since Trump’s ‘Liberation Day’ at the start of April, as investors sell their US assets over fe…

The intensification of the trade war between the United States and China has once again alienated investors from North American assets, leading to a new round of global decline in the dollar. The real underperformed its main peers, with the exception of the Chilean peso, which may reflect both technical issues and fiscal noise with the release of the Budget Guidelines Bill (PLDO) on Tuesday. With a maximum of R$ 5.9158 and a low of R$ 5.8525, th…

Financial agents remained attentive to the unfolding of the trade dispute between the United States and China.

Weak dollar restricting market rebound, say Barclays analysts

A weakened dollar may prohibit the full recovery of global markets, analysts have warned, as investors continue to suffer the fallout from the Trump tariff mayhem.  The DXY index, which tracks the dollar’s value against a basket of currencies, sank to its lowest in three years during Monday trading. This came after markets plunged following President Donald Trump’s ‘Liberation Day’ levies as shareholders fled equities for safe haven investments.…

US assets demand tanks, China moves markets to Asia, affecting Americans the most

The US dollar weakened on Wednesday when investors reportedly fled American assets because of America’s trade policy tug-of-war with China. The dollar index slipped below the 100 mark, trading near three-year lows, also falling against nearly all Group-of-10 currencies in early London trading. Accor...