Reported 8 days ago
In a surprising turn of events, investors have recently shied away from the U.S. dollar, traditionally seen as a safe haven, following the imposition of significant tariffs by the Trump administration. With the dollar dropping 1.7% and stock markets reacting negatively, analysts warn of a potential crisis of confidence that could undermine the currency's status as the world's reserve currency. Concerns regarding U.S. economic policies and increasing national debt are contributing to this shift, raising fears of higher interest rates and a shift in global investment flows away from the U.S.
Source: YAHOO