The dollar index (DXY00 ) Thursday fell by -1.84% and posted a 6-1/4 month low. The dollar fell sharply on Thursday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. The US raised total tariffs on China Wednesday to 145%...A one dollar bill floating in water by Wirestock via iStock
Dollar Retreats and Gold Surges as US-China Tensions Mount
Written on 04/10/2025