Dollar Decline Accelerates Amid Economic Uncertainty and Trade Tensions
TL;DR Summary
Bank of America warns that the US dollar may decline further this summer, following a nearly 9% drop this year due to tariff concerns, which could benefit dollar-denominated assets like gold and bitcoin amid ongoing trade policy uncertainties and high debt levels.
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- Dollar slides towards 3-year low as weak US data stokes economic fears Financial Times
- Trump’s gamble puts the dollar at risk as the world’s reserve currency The Seattle Times
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