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


U.S. dollar drops as tariffs spark trade fears and market volatility
The U.S. dollar experienced a decline against major currencies, reaching a six-month low against the euro. Investors are assessing the implications of U.S. President Donald Trump's tariffs on global trade and economic growth. The tariffs announcement impacted markets, reducing global stocks and prompting…
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