Reported about 4 hours ago
The dollar is on track for its worst weekly performance since August, declining by 1.1% this week as investors reassess the impact of the Trump trade following his tariff threats and the nomination of Scott Bessent as the next Treasury secretary. This week has seen the greenback weaken against nearly all major currencies, particularly the yen, with growing concerns over U.S. Treasury yields and traders looking to rebalance their portfolios after recent stock market gains.
Source: YAHOO