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02 Jun 2025

Dollar Declines Amid Rising Trade Tensions

The U.S. dollar fell sharply on Monday, starting the new week on a weaker note as renewed trade tensions raised the likelihood of an economic slowdown later in the year.

The U.S. Dollar Index, which tracks the performance of the greenback against a basket of six other major currencies, dropped by 0.6% to 98.630, nearing its lowest levels recorded since April 22

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