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The dollar is spiraling amid a 'confidence crisis' sparked by Trump's trade war

Summary by Business Insider
Anna Moneymaker/Getty, Anna Kim/Getty, Tyler Le/BIThe US dollar index dropped over 2% Thursday morning.Investors are ditching the dollar as growth fears surge after the latest tariff announcements."We are becoming increasingly concerned that the dollar is at risk of a broader confidence crisis," Deutsche Bank wrote.The US dollar dropped sharply Thursday as the US trade war dented investors' confidence in US growth prospects. The US dollar index …

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fxopen.com broke the news in on Thursday, April 3, 2025.
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