Dollar Dilemma: Tariffs, Tensions, and Economic Woes
11 Articles
11 Articles
The dollar staggers due to economic weakness in the US. The dollar was headed for a weekly loss this Friday, with a fall of 0.7%, due to signs of fragility in the US economy. This decline follows a weaker round of economic data than expected during the week. Investors keep an eye on the non-agricultural payroll report to be published today, crucial after the counterwinds generated by Trump’s tariffs. The dollar remains unchanged against a basket…
Dollar Dilemma: Tariffs, Tensions, and Economic Woes
Dollar Dilemma: Tariffs, Tensions, and Economic Woes The U.S. dollar softened on Thursday, reaching its lowest point in six weeks after disappointing economic data revived concerns about sluggish growth and persistent inflation. The news comes as the euro remained steady in anticipation of an expected interest rate decrease from the European Central Bank.Economic reports revealed a decline in the U.S. services sector and a softening labor market…
Is Trump lying? “The U.S. economy is weakened and the dollar crisis proves it.” González Emilio González, professor of international economics and business at the University of Nebrija, questions Donald Trump’s assertion that the U.S. economy is going through a “bright” moment. While recognizing some recent strength, he warns that [...] The entry Trump lies? “The U.S. economy is weakened and the dollar crisis proves it.” González first published…
Dollar mired in US economic weakness and trade limbo - Regional Media News
By Rae Wee SINGAPORE (Reuters) -The dollar was headed for a weekly loss on Friday, undermined by signs of fragility in the U.S. economy and as trade negotiations between Washington and its trading partners made little progress despite a looming deadline. Key for markets will be the U.S. nonfarm payrolls report later on Friday, which will draw greater scrutiny after a slew of weaker-than-expected economic data this week underscored the headwinds …
U.S. Dollar Index: 5th Decline – Xinhuanet U.S. Dollar Index: trade tensions and economic data involved The dollar index... The post U.S. Dollar Index: 5th Decline – Xinhuanet appeared first on World News.
US Dollar Drops to 3-Year Low – Is Fiat Failing as Satoshi Predicted?
The US dollar fell to its 3-year low against the Euro and British Pound, possibly creating new opportunities for crypto as the global reserve currency hits new difficulties. The European Central Bank again cut interest rates today, but the US has yet to do so. The dollar’s falling dominance reflects that decade-old fiat warning from Bitcoin’s creator, Satoshi Nakamoto. Could Dollar Troubles Benefit Crypto? The US dollar is the world’s most impor…
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