Dollar Stabilizes as Trump Softens Fed Criticism

Reported 1 day ago

The U.S. dollar stabilized against major currencies following President Donald Trump's easing of criticism towards the Federal Reserve, which alleviated investor concerns about potential Fed leadership changes. Trump's hints at reducing trade tensions with China also bolstered dollar confidence. Despite recent gains, the dollar remains near multi-year lows against the euro and Swiss franc, reflecting ongoing market volatility and skepticism towards Trump's economic policies.

Source: YAHOO

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