U.S.-Dollar Falls
The dollar has witnessed a significant decline of nearly 13% against a basket of currencies since reaching a two-decade high last year, reaching its lowest point in 15 months.
Related reading
Dollar Falls As The Fed Appears More Cautious
On Thursday, the US dollar was on track to experience its longest losing streak in two-and-a-half years after the Federal Reserve hinted that it may end interest rate hikes, which investors believe are no longer necessary.
What A Strong Dollar Means
Global investors have been flocking to higher-yielding U.S. assets, and the dollar has strengthened while competing currencies have weakened.
The Trump Reset
President Donald Trump is shaking up global markets with an aggressive tariff strategy, a move that some analysts believe is part of a calculated effort to engineer an economic slowdown.
The Federal Reserve's New Phase
Investors were rattled on Wednesday after Federal Reserve Chair Jerome Powell suggested a pause in rate cuts and hinted that the total number of reductions might be less than expected.