Dollar Plunge To 97.921: Trump’s Tariff Tsunami Erodes Dollar

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Dollar Index fell to 97.921, its lowest since April 2025, as Trump’s aggressive tariffs on critical minerals and China trade retaliation spooked investors.

Analysts warn the dollar’s status as a reserve currency is under threat, with foreign holdings of U.S. assets declining sharply.

However in the short-term, dollar might see appreciation up into premium PD arrays, namely the weekly fair value gap outlined.

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