The global shift away from the U.S. dollar is accelerating as President Donald Trump’s unpredictable policies undermine confidence in the world’s primary reserve currency, say analysts.
George Saravelos, lead FX strategist at Deutsche Bank, says the Dollar's slump following Tuesday's tariff announcement by Donald Trump was not something he would have expected at the start of the year.
Dollar's Tariff Reaction Stumps Traders
- Category: USD
The Dollar's fall following Tuesday's tariff announcement has caught market participants and analysts off guard.
Trump Tariffs Backfire for the Dollar
- Category: USD
Tariffs and DOGE are hitting confidence and raising bets that the Federal Reserve will need to cut more.