#us-dollar

#us-dollar

The U.S. Dollar Index (DXY) has declined to 97.15, its lowest point since July 7, influenced by various political, monetary, and trade developments.

The US dollar steadied after three days of losses, as markets assessed the newly announced trade agreement with Japan, which involves a 15% tariff on exports.

The U.S. dollar recorded its worst first-half performance in over 50 years, showing a significant drop of 13% against the euro and 6% against the Japanese yen.

The US dollar strengthened amid an unexpected increase in job openings in America, as a result sterling edged lower by 0.3% to $1.3712.

The United States dollar has had its worst first six months of the year since 1973, as President Donald Trump's economic policies have prompted global investors to sell their greenback holdings.

On Monday morning, sterling edged higher against the dollar, trading at $1.356, recovering around 0.3% from losses experienced last week.

Despite some late-session retracement in GBP/USD, driven by natural profit-taking, the overall trend reflects strong market confidence in the British pound.

The unpredictable nature of President Trump's trade policy creates skepticism among European officials, who see opportunities for investors to shift towards euro-denominated assets.

Global trust and reliance on the dollar was built up over a half century or more. But it can be lost in the blink of an eye.

Due to the weaker US dollar, vacations in Europe and Japan this summer are likely to cost travelers significantly more than expected.

The U.S. dollar started the week on a weaker note, weighed down by fresh uncertainty surrounding global trade policy.