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A ICE Dollar Index Thursday fell sharply, putting the green lapel on the worse since 2022.
The index, which measures the US dollar against the basket of global currencies, decreased by 1.83% to 101.02. At one point, he slipped below the level 101. This will mark the slightest closing of the index from September.
The dollar continued its recent decline with a sharp drop on Thursday.
Falling on Thursday expands the fight for the dollar in the face of President Donald Trump Aggressive trade policy. Initially, Wall -Rate believed that tariffs would increase the dollar but instead the US The currency has fallen More than 7% after Trump’s inauguration and more than 2% since the president presented his full trade policy last week.
The dollar decreased came together with sales in US stocks and bonds. This may be a sign that foreign investors respond to Trump’s protectionist policy by dropping US assets, pressure on the dollar.
The growing concerns of the economic recession can also weigh the dollar. Some of Greenbek’s largest decrees occurred on Thursday against Japanese yen and Swiss francTwo leading currencies are safe.
