Dollar Index Hits Three-Year Low

The dollar has fallen 0.7 per cent today, marking its fifth straight day of decline, as markets continue to reassess the currency’s position in the global economy. The DXY index, which tracks the dollar’s value against a basket of currencies, dropped to its lowest in three years in trading today. The dollar index has now fallen more than four per cent since Trump’s ‘Liberation Day’ at the start of April, as investors sell their US assets over fears around the country’s growth prospects. In comments on Friday…