The US Dollar Index DXY has fallen below the 98 mark for the first time since March 2022, dropping over 1% during the day.
Affected by Trump's tariff policy, the US has recently faced a triple hit in stocks, bonds, and currency, with traditional safe-haven assets like US Treasuries and the dollar no longer favored. Last week, Trump continuously criticized Federal Reserve Chairman Powell and threatened to fire him, adding more negative factors for the dollar. Tonight's US stock market may also face significant challenges!
