Dollar Takes a Nosedive While Euro Smugly Sips Tea
Key Points
- The US Dollar hits a four-month low of 103.85 amid inconsist...
Breaking news from the forex fashion show: The US Dollar is this season's biggest loser, strutting down to a four-month low of 103.85 on the DXY catwalk. Market analysts are wondering if someone forgot to iron its pleats or if it's just having a really bad hair day.
Trump Cards and Market Headaches
The greenback's stumble comes as no surprise after a week of economic data that's about as consistent as a meteorologist's forecast. While the S&P Global Manufacturing PMI showed off its muscles, the ISM Manufacturing PMI decided to take a nap. Add President Trump's new policies to the mix, and...
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