The U.S. dollar is approaching a five-month low against major currencies, influenced by President Trump's economic and trade policies. The Euro and Yen have strengthened due to Europe's spending plans and Japan's potential interest rate hikes. Concerns are rising about the dollar's reserve status amid global economic shifts. The Canadian dollar experienced gains but struggled to maintain momentum. The Bank of Canada is anticipated to lower rates by 25 basis points, reaching 2.75%, the lowest since July 2022, despite persistent inflation and trade tensions with the U.S.
Dollar Nears Five-Month Low Amid Policy Shifts; Bank of Canada Expected to Cut Rates Amid Economic Concerns and US Trade Tensions
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Japanese Yen Rises Against the Dollar, Posing Risks to Financial Markets Amidst Inflation and Policy Shifts
Federal Reserve's Cautious Stance Strengthens Dollar; Swiss National Bank Cuts Rates; Bank of England Holds Amidst Inflation Concerns
German Economic Sentiment Plunges Amid US Trade Policy Concerns; ECB Rate Cut Anticipated
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