Dollar set for 5th monthly drop on trade, fiscal uncertainty
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If high tariffs and an appreciating yen mean the end of the carry trade, the greenback will be the canary in the coal mine for all US assets.
If the United States is to significantly reduce or, whisper it, eliminate its trade deficit, the dollar will probably have to weaken a lot. How much is unclear, though, as history shows large dollar declines are rare and have unpredictable consequences for trade.
Vantage with Palki Sharma | N18G Donald Trump’s aggressive trade tactics are shaking global confidence in the US dollar. The greenback is falling, and challengers are rising. Europe is pitching the euro as a new global currency,
The long-term bearish case for the dollar remained intact after a court ruled that the vast majority of President Donald Trump’s global trade tariffs are illegal, amplifying uncertainty over the US economic outlook.
The on-again, off-again threat of tariffs and unpredictable behavior is placing the greenback at its greatest risk since the eve of the Great Depression, Jon Talton writes.
SINGAPORE (Reuters) -The U.S. dollar rallied sharply on Thursday after a court blocked President Donald Trump from imposing his so-called Liberation Day import tariffs, with the currency surging against the euro, yen and Swiss franc in particular.
With the Trump administration increasingly focused on striking deals to help weaken the dollar, a team of analysts at Deutsche Bank crunched the numbers and determined just how much the greenback would need to weaken to eliminate the U.
3don MSN
Investors piled up bullish bets on Asian currencies, including the yuan, as easing U.S.-China tariff tensions, new trade deals and a growing unease with U.S. policies prompted them to pull out of dollar assets,