Dollar jumps
Digest more
Dollar sinks to 3-year low on Trump tariff threat
Digest more
Gold, dollar and Middle East tensions
Digest more
The dollar has sunk to its lowest in three years as rapidly changing U.S. trade policy unsettles markets and expectations build for Federal Reserve rate cuts, fuelling outflows from the world's biggest economy.
A closely watched gauge of the U.S. dollar’s value has tumbled to its weakest level in three years on Thursday, having taken out the previous 2025 low reached in April.
The U.S. dollar slumped to its lowest level since 2022 on Thursday, putting the greenback on track to have its worst start to a year in decades.
Explore more
The dollar slumped on Thursday, as weaker-than-expected U.S. inflation data for May suggested that the Federal Reserve could resume cutting interest rates sooner rather than later, while the safe-haven yen and Swiss franc benefited from rising Mideast tension.
23hon MSN
The dollar sank to its weakest level in years, losing ground against the euro, Japanese yen and other currencies. The WSJ Dollar Index traded as low as 94.48, the lowest intraday level since July 2023,
The dollar is trading at a three-year low, but options traders are betting the frenzied selloff in the world’s reserve currency will peter out over the next few weeks.
Deutsche Bank's George Saravelos has been banging the drum about how the geopolitical realignment being pushed by the Trump administration could help to undermine the value of the U.S. dollar. In other words,
FRANKFURT (Reuters) -The dollar continued to lose market share last year as the world's dominant currency but mostly smaller rivals and gold benefited rather than the euro, which aspires to fill any void left by receding confidence in the greenback, an ECB report showed.