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Dollar Surges as US-EU Trade Deal Boosts Confidence; Markets Brace for Fed, China Talks & Tech Earnings

Dollar Surges as US-EU Trade Deal Boosts Confidence; Markets Brace for Fed, China Talks & Tech Earnings

Dollar Surges as US-EU Trade Deal Boosts Confidence; Markets Brace for Fed, China Talks & Tech Earnings The U.S. dollar surged, extending its July rally, following a new trade agreement between President Donald Trump and the European Union. This deal has bolstered investor confidence, particularly as U.S. and Chinese officials kick off crucial two-day talks aimed at extending their tariff truce beyond a mid-August deadline. The euro, meanwhile, experienced its largest slide in over two months. Analysts suggest the dollar’s…

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Trump Enacts Landmark Stablecoin Law, Bolstering US Dollar’s Digital Role

Trump Enacts Landmark Stablecoin Law, Bolstering US Dollar’s Digital Role

Trump Enacts Landmark Stablecoin Law, Bolstering US Dollar’s Digital Role In a significant move for the cryptocurrency sector, US President Donald Trump has signed into law a bill establishing a comprehensive regulatory framework for US dollar-backed stablecoins. This legislation, known as the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), is poised to integrate these digital assets into mainstream financial transactions and payments. The bill received strong bipartisan support, passing the House of Representatives with a 308-122 vote…

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US Dollar Suffers Historic First-Half Slump Amid Trump Policies; S&P 500 Hits Record High

US Dollar Suffers Historic First-Half Slump Amid Trump Policies; S&P 500 Hits Record High

US Dollar Suffers Historic First-Half Slump Amid Trump Policies; S&P 500 Hits Record High The US dollar has recorded its worst first half-year performance in over five decades, plummeting 10.8% against a basket of currencies since the start of 2025. This historic decline, the most significant since 1973 for a first half and since 1991 for any half-year period, has pushed the dollar index to its lowest point since March 2022. Driving the dollar’s sell-off are investor concerns over President…

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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

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…

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