Dollar Takes A Beating As Trade And Stagflation Make An Unwelcome Reunion Tour
Key Points
- US-China trade talks in Switzerland create currency market j...
Money managers worldwide are clutching their spreadsheets and reaching for their antacids as 2025's currency markets serve up another helping of economic indigestion.
Trade Talks: The Swiss Edition
Switzerland isn't just for chocolate and fancy watches anymore - it's becoming the arena where the US and China are set to duke it out over trade policies this weekend. The US Dollar Index (DXY) has taken a nosedive to 100.3000 after briefly flexing at 100.8600, thanks to President Trump's sudden announcement about potentially slashing tariffs by 50%. Talk about a presidential discount!
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