U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
The U.S. dollar has fallen about 9 percent in the past three months, according to an index that tracks its performance against a basket of major trading partners. Not since the 1970s has…
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Euro (Currency)
U.S. Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?
President Trump’s shake-up of the global trade system has sent tremors through the long-held view that the United States is the source of the world’s safest financial assets. That’screated…
Bessent Seeks to Reassure Global Leaders on Dollar’s Role as Safe Haven
On the sidelines of the spring meetings of the International Monetary Fund and World Bank this week, Treasury Secretary Scott Bessent tried to convey an important message about the United…