Dollar Declines Amid Trade Fears and Weak US Data
TL;DR
The US dollar declined to a three-year low amid weak manufacturing data and concerns over debt sustainability, while US bonds faced pressure and metals prices surged following increased tariffs on steel and aluminium imports.
- Dollar slides towards three-year low as weak US data stokes trade war fears Financial Times
- Wall Street Sees Deeper Dollar Rout as Currency Nears 2023 Low Bloomberg
- Dollar mixed on tariff uncertainty, headed for monthly gain on yen CNBC
- Morning Bid: Dollar slides on trade and tax fears Reuters
- The value of the dollar is dropping. What does that mean for Americans and the world? Northeastern Global News
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