Dollar Sinks to Lowest Level in Four Years
The U.S. dollar slid to its weakest level in nearly four years, with the Bloomberg Dollar Spot Index dropping as much as 0.4%, pressured by a surging yen and investor concerns over U.S. policy. Long-term structural factors, including political polarization, fiscal deficits, and doubts about Federal Reserve independence, are weighing on confidence in the greenback. The yen strengthened to 153.03 per dollar, fueling speculation of … Continue reading Dollar Sinks to Lowest Level in Four Years
