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0.00017032873445759 0.00017032873445759 0.000340657468915059 0 -0.000681314937829997 -0.00323624595469252 0.000851643672287587 0.00442854709589516
Stock impact report

Dollar Fears Are Flaring as Trump Rekindles Debasement Trade [Yahoo! Finance Canada]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
(Bloomberg) -- To some in financial markets it's known as the debasement trade. To others it's selling, hedging or even “quiet quitting” America. Whatever they call it, currency traders from Tokyo to New York started piling back in last week, unleashing a selloff that drove the US dollar into its deepest slide since President Donald Trump's April trade-war salvos. Most Read from Bloomberg At the heart of it, again, is Trump, whose second term in office has witnessed an almost 12% tumble in the Bloomberg Dollar Spot Index to around its lowest since 2022. His renewed tariff threats, effort to intimidate the Federal Reserve into cutting interest rates, claims to dominance over the Western Hemisphere and willingness to take on European allies by pushing for a US takeover of Greenland led many investors to pull back their dollar exposure. Political polarization and mounting fiscal risks at home aren't helping either. Others are back buying insurance to protect against a deeper d Show less Read more
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