The greenback is losing its strength and trading near multi-year lows, marking its worst first-half performance since the 1970s. Mounting uncertainty over the Trump administration’s unpredictable tariff...
As the Fed prepares for an interest rate cut in its September meeting, expectations are rising that the greenback may weaken, making investments in foreign currencies more attractive. Also, driven by a...
Dollar Slump Continues as Traders Eye Fed Signals at Jackson Hole
The U.S. dollar's recent weakness is driving significant gains in other major currencies, with the euro and British pound reaching new highs for 2024. As traders anticipate potential rate cuts from the...