According to BlockBeats, analysts from financial website Forexlive have noted a renewed decline in the U.S. dollar, despite stability in the U.S. stock market. The accelerating downturn of the dollar is seen as a troubling sign, following the Dallas Federal Reserve's manufacturing index reaching its lowest point since May 2020. The report highlights concerns over tariffs and uncertainties in the real economy.
The market is currently assessing whether this series of negative confidence data indicates an impending economic slowdown. Each piece of data further undermines the bullish outlook, particularly after last week's significant rebound in both the U.S. stock market and the dollar.