The dollar’s ongoing drop remains a hot topic among investors as they eagerly anticipate the results of upcoming trade negotiations. This trend has been observed across major currency pairs including EURUSD, USDJPY, and USDCHF.
Key Highlights:
- The yen is gaining strength as U.S.-Japan trade discussions progress.
- Despite the dollar’s general decline, the Swiss franc continues to register gains against it.
- U.S. Federal Reserve’s Chairman Jerome Powell notes that U.S. economic growth seems to be decelerating.
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