The dollar index (DXY00 ) Friday fell by -0.80% and posted a 3-year low. The dollar retreated Friday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. On Friday, China raised tariffs on all US goods to 125% from 84%...Puzzle made of money by Qimono via Pixabay
Tariff Angst Sinks the Dollar and Boosts Gold to a Record High
Written on 04/11/2025