Reported about 20 hours ago
The dollar experienced a decline against most major currencies following a report that Donald Trump's economic team is considering a gradual approach to tariffs instead of a significant one-time increase. This could alleviate inflationary pressures and allow the Federal Reserve to have more flexibility with interest rates. Despite the temporary drop, expectations remain that the dollar will strengthen throughout the year, as most Wall Street banks predict a rise in the currency driven by strong employment numbers.
Source: YAHOO