The currency’s dramatic slide will hit overseas exporters and raise pressure on central banks to cut interest rates.

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It is not blind revenge against the US’s trading partners. The end game appears to be a new global financial order.

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The drop closed the worst week for the S&P 500 since March 2020, when the pandemic crashed the economy. The Dow Jones ...

He emphasizes that the U.S. dollar’s reserve currency status ... Another billionaire investor, Bill Ackman, the CEO of Pershing Square, stated in a X post that countries should accelerate ...

The dollar, the world's No.1 reserve currency, came under broad-based selling pressure on Thursday as U.S. President Donald Trump's latest tariff salvo raised concerns about U.S. recession risks.