Dollar Near 3.5-Year Low as Traders Eye Rate Cuts, Trade Talks

The U.S. dollar hovered near its lowest level in three-and-a-half years against the euro and pound on Friday. Traders bet on deeper Federal Reserve rate cuts while monitoring progress on trade deals ahead of President Donald Trump’s July tariff deadline, increasing market uncertainty and currency volatility.

Leave a Reply

Your email address will not be published. Required fields are marked *