Dollar Plunges to Three-Year Low Amid Trump’s Fed Pressure and Asia’s Resurgence
Dollar Plunges to Three-Year Low Amid Trump’s Fed Pressure and Asia’s Resurgence The U.S. dollar has plunged to its lowest point in three years this week, signaling a significant shift in global currency markets. On Thursday, the dollar index registered its weakest level since March 2022, primarily driven by mounting political pressure on the Federal Reserve and a surge in confidence across Asian economies. U.S. President Donald Trump has intensified his public criticism of Fed Chair Jerome Powell, advocating aggressively…