The Bloomberg Dollar Index fell for the fourth day in a row, the longest losing streak since September 2024, after the Trump administration said it would suspend tariffs on goods and services covered by the USMCA between Canada and Mexico until April 2. The euro pared gains after the European Central Bank cut rates as expected, but signaled that the rate cut could be nearing its end. The Bloomberg dollar index fell 0.2%, after falling 0.4% at one point during the session; The index fell 2.2% in four days, heading for its worst weekly performance since November 2022, with the non-farm payrolls report due on Friday.
