The US dollar’s collapse this week has fast tracked what were previously bubbling concerns about the ongoing strength of the currency.
The dollar has been struggling since US President Donald Trump launched a barrage of global trade barriers that have severely scarred the equity and bond markets. Today (11 April), the dollar slumped to a three-year low against the euro, with the latter rising to its strongest level versus the greenback since early 2022, according to data from MarketWatch. It also hit a thirteen-year low versus the Swiss Franc, traditionally a safe haven asset, according to reports. US-China full blown tariff war risks 'drying up' trade between world's largest economies As it...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
