Dollar Slides Towards 3-Year Low as Weak US Data Stokes Economic Fears

Dollar slides towards 3-year low as weak US data stokes economic fears

Treasuries under pressure following warnings on US debt load

US Dollar Struggles Amid Trade War and Fiscal Concerns

US Dollar Struggles Amid Trade War and Fiscal Concerns The U.S. dollar took a hit at the start of this week, retreating from last week's brief surge. Financial markets are reacting to President Trump's plans to increase tariffs on imported steel and aluminum, a move that could hinder economic growth while fueling inflation concerns.The greenback has been volatile, declining 3% after early April tariffs, with ongoing trade tensions sparking fears…

Europe’s Stocks Dominate World Markets as US Trade War Backfires

The dollar collapses after weak data and fear for debt in the US. – Archyde

Archyde Breaking News: Dollar Drops Near Three-Year Low Amid Manufacturing Data and Tariff Woes In a tumultuous financial landscape, the U.S. dollar has plunged to a three-year low near the levels reached during President Trump’s tariff offensive in April. The weakening currency is attributed to dismal manufacturing data and rising fiscal uncertainty, causing ripple effects through ... Read more You can read the full story here: The dollar colla…

Dollar slips to near three-year low as tariff impact bites

The dollar saw multiple dips on Monday. At one point, getting as low as $1.35 to the pound, close to a three-year low. With a major US data release coming this afternoon, USD may tumble even further. Meanwhile, the euro continued its momentum, gaining 0.2% on the pound yesterday, and nearly 0.7% in the past week. Monday brought news that UK house prices climbed 0.5% in the past month, nearly reversing last month’s slowdown – caused by the quiet …