Reported about 17 hours ago
A rising trend of investors betting against the US dollar is emerging due to concerns about a cooling economy and the impact of President Trump's tariff threats. While the dollar temporarily surged following tariff announcements, asset managers and hedge funds are cautioning that the dollar's long-term stability is at risk as Federal Reserve rate cut expectations grow, potentially diminishing the appeal of the currency. The atmosphere of US economic exceptionalism that previously supported the dollar is fading, prompting a shift in market sentiment.
Source: YAHOO