Dollar weakens as ‘confidence in US assets continues to erode’

City A.M.

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The US dollar’s traditional safe-haven status has continued to take a bruising, as investors shun the currency amid rising global tensions.  The dollar index (DXY) – which tracks the dollar’s value against a basket of currencies – has tumbled to around 98, compared to nearly 110 at the beginning of the year, as the currency [...]

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