None
EN
The U.S. dollar just fell to its lowest level in 4 years. Here’s why.
['Cbs News']
Home - WCBI TV | Telling Your StoryHome – WCBI TV | Telling Your Story
The U.S. dollar just fell to its lowest level in 4 years.
The sinking U.S. dollar The U.S. dollar has lost value against other major currencies, reaching a four-year low this week.
“The value of the dollar — look at the business we’re doing.”After his comments, the dollar continued its slide, dropping nearly 1%.
“The Fed should substantially lower interest rates, NOW!” Mr. Trump wrote on Thursday.
A new Fed chair aligned with Mr. Trump’s views could give the dollar more room to fall, experts said.