US Dollar Hits Three-Month Low Amid Economic Concerns

The US Dollar Index has declined for three consecutive days, trading around 105.00, as traders react to uncertainties surrounding President Trump's tariff policies and their potential impact on the economy. Concerns about a trade war have led to a significant sell-off of the dollar, which has dropped to its lowest level since November, with analysts suggesting that the trend could signal a decline in US exceptionalism. While the dollar faced pressure, expectations for upcoming economic reports, including the Nonfarm Payrolls and ISM Services PMI, are also influencing market sentiment. In a broader context, experts are debating the future of the dollar as a reserve currency, with some suggesting a gradual move away from its predominant role due to geopolitical tensions. Meanwhile, the Commerce Secretary indicated that more one-month tariff exemptions may be forthcoming, providing some hope for stabilizing the market. Overall, investor caution remains high amid these economic developments.