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Back Fundamental analysis
Faith in dollar's strength melting day by day
The US dollar index plunged yesterday
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The US dollar index plunged yesterday to its weakest level since early 2022. It followed President Donald Trump's remark that he is comfortable with the recent decline in the dollar. "No, I think it's fine," Trump told reporters in Iowa when asked whether the currency's fall concerns him. "Look at the business we're doing. The dollar is doing great." Trump's comments exacerbated an already deep slide in the dollar that began with his trade war and the tariffs that roiled markets last
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Jakub Novak,
Analytical expert of InstaForex
© 2007-2026
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