Dollar Sinks, on Pace for Worst Week Since 2022 – Money News
The greenback is below stress as President Trump’s tariff strategy erodes international traders’ confidence in American property. China’s resolution to raise tariffs on U.S. items to 125% on Friday sparked a new wave of promoting. “The question of a potential dollar confidence crisis has now been definitively answered—we are experiencing one in full force,” wrote ING’s Francesco Pesole.
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