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Tracking the fate of king dollar
['Thomson Reuters']
Wausau | WDEZ-FM | wdez.com
By Grant Smith, Karin Strohecker and Dhara RanasingheLONDON (Reuters) -The U.S. dollar, long renowned for its strength, has been weakened by President Donald Trump’s stiff tariffs, his attacks on the Federal Reserve and his distancing from allies and global institutions.
The dollar still makes up for the bulk of central bank foreign exchange reserves, according to latest IMF data.
And shifts in U.S. policy mean the dollar’s standing is under scrutiny, with gold as well as the likes of the euro and Chinese yuan lining up to benefit from the dollar’s woes.
Our live dashboard continually tracks the dollar’s performance, taking stock of its current standing and charting where it may be headed next.
(Reporting by Grant Smith, Karin Strohecker and Dhara Ranasinghe; Editing by Eliza Martinuzzi, Ben Welsh and Nick Zieminski)