The US dollar has reached a three-year low, driven by President Trump's recent public criticisms of Federal Reserve Chair Jerome Powell and calls for interest rate cuts. This has increased market anxiety, particularly after the dollar hit a seven-month low against the yen. Financial analysts point out that Trumpâs contentious relationship with Powellâdespite appointing himâhas eroded market confidence. Furthermore, Wall Street has experienced significant losses, and investor disappointment in trade negotiations is exacerbating the situation, indicating a troubling trend for US economic stability.
The US dollar has sunk to a three-year low as Trump intensifies calls for interest rate cuts, causing anxiety among traders and impacting market confidence.
Trump's attacks on Powell have diminished confidence in the markets, with the dollar against the yen hitting a seven-month low as investor concerns grow.
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