Citi Sees Weaker Dollar After G-7 Meeting as US Softens Tariffs

U.S. dollar hits one-month low as G7 stirs fresh FX policy watch

The U.S. dollar fell to its lowest in a month as traders await G-7 meetings for any signs that Trump is seeking a weaker currency. Read here

Citigroup said the dollar could fall even further after this week’s Group of Seven (G7) meeting, while world leaders discuss monetary policies as part of their trade negotiations with the United States. Bank’s exchange rate strategists, led by Osamu Takashima, wrote in a note that Washington is unlikely to “aggressively” look for a weak dollar, but that the dollar will end up depreciating as the nation reaches agreements with its trading partner…

Citi Sees Weaker Dollar After G-7 Meeting as US Softens Tariffs

Citigroup Inc. said the dollar could fall further after this week’s Group-of-Seven meeting as global leaders discuss currency policies as part of their trade negotiations with the US.

Dollar index falls toward 99.50, G7 meeting in focus (DXY:null)

The U.S. dollar index extended its decline to a third session on Wednesday, hitting its lowest level in two weeks, as investors fretted over the US …

US dollar hits 2-week low as traders get more bearish than ever ahead of G7 meeting

The dollar is falling way too fast. On Wednesday, the Bloomberg Dollar Spot Index dropped by 0.4%, logging its third straight day of losses and hitting its lowest point in two weeks. Traders across the globe are watching the G7 meeting this week, expecting signs that President Donald Trump’s administration could be preparing to support a weaker dollar policy. According to Bloomberg, market watchers believe the Oval is no longer committed to keep…

Weaker consumer confidence dampens a good week for stocks

A 90-day pause on the US-China tariffs was good enough to lift stocks, but not the US dollar.