Reported about 11 hours ago
The US dollar has dropped to a three-month low due to concerns over the negative effect of new tariffs on the economy, particularly impacting its value against the euro. Analysts predict further decline in the dollar as fears of a global trade war intensify, leading central banks to consider rate cuts. While economic activity in the US showed resilience, the euro has gained strength following Germany's increased investment in defense and infrastructure, marking a significant shift in European economic dynamics.
Source: YAHOO