Reported 4 days ago
The dollar experienced a significant decline, reaching a ten-year low against the Swiss franc as investor confidence in the U.S. economy weakened. This shift led to a sell-off of U.S. assets in favor of safer investments, including gold, the Japanese yen, and the euro. Following a turbulent market that saw a stark reversal from a recent rally, the dollar fell by 1.2% to 0.81405 Swiss franc, while gold prices hit a record high. The uncertainty surrounding U.S. trade policies under President Trump has further fueled market volatility.
Source: YAHOO