15 Articles
15 Articles
Dollar Index Falls Below 103, Hits 6-Month Low
The U.S. dollar index registered a large decline on April 3, following the Trump administration’s announcement of a new slate of global tariffs. On Thursday, the index broke through the 103 level and hit a low of 101.26, which is the lowest in six months. As of 2:45 p.m. EDT, the index was at 102.06, down 1.55 percent for the day. Thursday’s fall follows the prior days’ decline in the index. On April 2, President Donald Trump revealed new tariff…
The dollar collapses after Trump's customs offensive
The dollar accelerated its fall on Thursday, losing more than 2.6% against the euro, in the wake of the trade war declaration launched by Donald Trump, which raised fears for the US economy – such a movement of the single currency had no longer been seen since 2015, according to Bloomberg agency.
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