Dollar Sinks to Lowest Level in Four Years as US Risks Grow [Yahoo! Finance]
SOCIETE GENL FRNCE S/ADR (SCGLY)
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Source: Yahoo! Finance
The Bloomberg Dollar Spot Index fell as much as 0.4% to the lowest since March 2022. That extends declines for a fourth straight day and comes after the greenback's worst week since May. Most Read from Bloomberg White House Ballroom Architect Reveals New Trump-Requested Features NYC's Mamdani Crushes Snow Day Hopes, But He Yearns for It Too Boston's 18-Inch Snow Deluge to Make Travel Hard to ‘Impossible' Storm Recovery? That's a Job for a Tool Library World Cup Cities Set to Win $100 Million in Federal Transit Aid The latest move lower follows signs of US support to boost the beleaguered yen, re-opening the argument about potential co-ordinated currency intervention to guide the greenback lower against key trading partners. The weakness also reflects investor caution following a bout of unpredictable Washington policymaking, including President Donald Trump's threats to take over Greenland. Longer-term, risks around Federal Reserve independence, a growing budget defic
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