US dollar weakens as de-dollarisation becomes ‘real, and frankly scary, prospect’

City A.M.

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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 [...]

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