The US dollar is suffering losses and approaches levels it last left four years ago.

Amid the ongoing trade war and threats from the United States regarding global tariffs,

the US dollar is experiencing sharp weakness as it touched 97.5 today, marking its largest decline since March 2021.

As for the euro, despite the struggles facing the European Union, it emerged as the biggest beneficiary among major currencies, achieving significant progress not seen since August 2021, recording gains from the weakness of the US dollar, now standing at 1.1580.

Last week, Trump's remarks about a journalist's question regarding the fate of the US dollar were notable:

What we are doing must be in the interest of America first, and later, the US dollar will be strong again.