Tag: USD
-
Dollar Falls as US Government Shutdown Sparks Selloff
Dollar Falls as U.S. Government Shutdown Sparks Selloff The dollar index, which tracks the greenback against six major currencies, slipped 0.2% on Wednesday to 97.61. That small move masked a broader concern: the greenback is about 10% weaker for 2025 so far, a pace that would mark its worst annual performance since 2003 when it…
-
Dollar Falls on U.S. Shutdown: Worst Decline in 22 Years
Market snapshot: dollar slides amid U.S. government shutdown The U.S. dollar added to its losses on Wednesday after lawmakers failed to avert a government shutdown, sparking fresh questions about the economy’s near-term trajectory. The dollar index, which tracks the greenback against a basket of six major currencies, dipped 0.2% to around 97.61. With this move,…